Wolverhampton engineering company Deritend has acquired Leicestershirebased East Midlands Industrial Rewinds in a deal advised by accountants BDO Stoy Hayward.
The Deritend Group, with its head office in Upper Villiers Street, provides a wide range of maintenance management services to a variety of industrial clients.
Operating out of ten regional locations, the business has a turnover in excess of £15 million and employs more than 200 people.
The acquisition of EMIR, a motor repair business based in Ashby-de-la-Zouch gives Deritend the opportunity to develop its business in the East Midlands.
Adam Whistance of BDO Stoy Hayward Corporate
Finance said: "We are delighted to have assisted with Deritend's first acquisition, continuing a relationship first established during the management buyout in 2001. This acquisition is another strategic move in the development of a truly national business."
Legal advice on the deal was provided by Simon Gill and Amanda Onions of Gateley Wareing.