September 01, 2016 2:03 AM ET

Construction and Engineering

Company Overview of Mark Group Limited

Company Overview

Mark Group Limited distributes and installs energy saving/renewable energy solutions in commercial, public, and private sectors. The company offers home insulation products, including loft, cavity wall, external wall, and internal wall insulation products; heating systems, such as boilers, heating controls, and heat pumps; and solar hot water panels, heat pumps, and electricity products. It serves homeowners, businesses, house-builders and the construction industry, local authorities, energy suppliers, private landlords, and social housing providers through distribution centers in the United Kingdom and internationally. The company was formerly known as Mark Insulations Limited and changed i...

70 Boston Road

Beaumont Leys

Leicester,  LE4 1AW

United Kingdom

Founded in 1974

Phone:

44 11 6236 6523

Fax:

44 11 6234 0167

Key Executives for Mark Group Limited

Chief Operating Officer
Health and Safety Director
Compensation as of Fiscal Year 2016.

Mark Group Limited Key Developments

Mark Group Limited Cuts 900 Employees

Mark Group Limited axed jobs as it had sustained heavy losses due to structural changes in core markets. Across UK, the firm employs 1,165 people. Out of these more than 700 are based at its headquarters in Beaumont Leys. It has made 939 redundancies and unless a buyer can be found, a further 200 jobs are at risk.

Mark Group Secures GBP 1 Million Multiple Awardees Contract Award from Procurement for Housing

Mark Group, won a GBP 1 million multiple awardees contract award from Procurement for Housing to provide renewables and energy efficiency works and associated consultancy services (Solar Panel Systems) (Contract Award Notice No.: 2015/S 165-301145; Lot No.: 1A). The purpose of this new agreement is to ensure the company can provide a framework suitable for members of PfH, or other applicable Public Sector bodies that is reflective of an ever evolving market, therefore it is PfH's intention to expand and update the offering. The scope of works to be included will be expanded into technology areas that were not covered in the original Framework. In addition, the Framework will allow members to gain access to consultancy, advice, and guidance on: funding and grants; and technology specific expertise. It is important that Renewables and Energy Efficiency Works are not considered in isolation, but in the context of contributing to a secure, resilient, affordable and low carbon energy requirement. The benefits might be compared, for example, with using funds to carry out energy efficiency measures.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 15, 2015
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Merger/Acquisition
October 8, 2015
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