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Fri November 08 2024

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Pilon joins United Living

30 Oct United Living Group has acquired Pilon, a property services business operating in the social housing sector.

Established 20 years ago in Berkshire, Pilon specialises in maintenance, compliance and refurbishment of assets owned and managed by social housing providers. The company operates across London, the southeast and the midlands, partnering with local authorities and housing associations. It has contracts with eight of the G15 housing associations.

Last year Pilon Construction Group Ltd turned over 拢39m and made a pre-tax profit of 拢2.0m.

Pilon will continue to operate independently, alongside United Living鈥檚 existing Property Services business.

Neil Armstrong, chairman and chief executive of United Living Group, said: 鈥淲e are delighted to welcome Pilon into the United Living Group. Pilon is a well-established and successful business with a strong brand and reputation for innovative service delivery.

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鈥淭his acquisition will broaden and deepen our support to the regulated UK affordable housing community, enabling us to accelerate the provision of safe, high quality, energy efficient housing stock, in long-term partnership with our customers.

鈥淲e look forward to working alongside the Pilon team to help add value to our customers and the communities we serve.鈥

Pilon managing director Vlad Nedelcu said: 鈥淭his partnership represents a significant milestone for us. With United Living's support, Pilon will continue to thrive and deliver the innovative and safe solutions that clients and partners expect from us. Since the early days of our discussions, we have been delighted to hear about United Living鈥檚 plans

to invest further in Pilon鈥檚 capability, and we are looking forward to combining our businesses鈥 experience to enhance the group鈥檚 offer.鈥

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