Mouchel Parkman acquires ServiGroup

June 2005

Mouchel Parkman has taken over ServiGroup Limited for £20.67 million.

ServiGroup, founded in 1995, is based in Banbury, Oxfordshire, and provides engineering

and installation services to Network Rail among others. Richard Cuthbert, chief executive of

Mouchel Parkman said, ‘We are delighted to announce the acquisition of ServiGroup. Rail is

one of Mouchel Parkman’s core market sectors. We already provide a range of management

consultancy, professional and engineering services to Network Rail and clients serving the

London Underground. ServiGroup broadens and complements our existing offering and will

significantly enhance our prospects in what is an exciting period for the UK rail industry.’

Sean McKeague, chairman of ServiGroup added: ‘We are very much looking forward to

becoming part of Mouchel Parkman. The combined skills of a larger group (will enable) us to

play a significant role in Network Rail’s investment programme in the coming years and to

increase the work we do to help improve Underground services in London.