Pell Frischmann said that Desco was just its first acquisition under new plans to build a group of market-leading engineering consultancy firms.聽
Pell Frischmann was itself
Pell Frischmann chief executive Tushar Prabhu said: 鈥淧ell Frischmann has a long-term strategy for dynamic growth through the acquisition of related and complementary consultancy engineering companies. Desco is a fast growing and innovative specialist in MEP engineering that fits Pell Frischmann well in terms of culture and ambition, and we are pleased welcome it into our team.鈥�
Desco managing director Paul Marshall said: 鈥淭his marks a new and exciting phase for Desco as we accelerate our growth strategy with the backing of a major international investor and with Pell Frischmann鈥檚 expertise across the infrastructure and property sectors.鈥�
Desco was established in 1998 and employs approximately 120 people across its offices in Sunderland, Leeds, London, Croydon, Doha and Manila. It will keep its existing management board and structure, operating as a subsidiary of Pell Frischmann. This model is expected to be repeated as Pell Frischmann grows its group of businesses in the UK and overseas, a company statement said.
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