A MAJOR green spaces and parks manager has been taken over by a leading service provider.
The Tivoli Group was recently purchased by Nurture Group in a deal which will see combined annual revenues of £245 million, making it one of the UK's "largest integrated landscape and grounds maintenance businesses".
As part of the purchase, the Tivoli brand will be retained, with the company's operations - including its tree work - continuing as normal. Its existing 1,400 employees will also benefit from Nurture’s commitment as a Real Living Wage employer, with effect from April 2025.
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Nature Group founder Peter Fane said: "This is a superb marriage of differentiated businesses with much history and mutual respect.
"The combination of our skills, clients, reach and greater scale will put Nurture indisputably at the pinnacle of our sector.
"The enhanced scale and density across Great Britain, particularly in key segments, will drive greater operational efficiencies, delivery of an even better experience for clients, with improved value, range and service quality.
"At the same time, our shared commitment to direct service delivery through our employees will enhance the experience for our colleagues on the ground."
Tivoli Group was formed from a carve-out from the UK grounds maintenance division of ISS, one of the largest integrated facilities management businesses in the world, rebranding as Tivoli in 2018.
As part of the acquisition, Tivoli chief executive Nicola Keach is standing down from her role.
She said: “I am incredibly proud of what the Tivoli team has built and achieved with Sullivan Street’s support.
"It is testament to the hard work, passion and commitment of our teams over many years. Our values and culture are aligned with Nurture’s as well as a strong commitment for delivering best in class services for our customers, which is why I am delighted that the next stage of our journey will be together as a combined organisation with the Tivoli brand continuing to serve our valued clients. The blending of our complementary technical and operational skills and resources will add real value to clients and colleagues alike.”
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