One of the South West’s leading property consultancies Vickery Holman Limited has taken over a long-established professional firm of chartered surveyors based in Exeter.

Vickery Holman- which has offices in Truro, Plymouth, Exeter and Bristol- acquired King Wilkinson & Company following an approach by their directors.

“We are delighted that the directors at King Wilkinson approached us about a possible acquisition,” said Mark Pellow, managing director at Vickery Holman. “Both of our companies have long histories and a solid reputation in commercial property consultancy.

“Of great importance to the directors of King Wilkinson was the knowledge that we would look after their clients with the same level of care and professionalism as they have done for many years.

Mark Pellow, managing director at Vickery Holman

“Vickery Holman is an employee-owned business with high standards of quality and customer service.”

Robert McLarin, of King Wilkinson, said he would be standing down but added: ‘There is a good degree of overlap and we can add to the experience in landlord and tenant, business rates and overall commercial property advice.

“Sadly, due to ill health, I will not be part of the transfer, however my colleague Chris Sexton will ensure continuity of care will be maintained to our clients for many years to come.”

Vickery Holman was formed in 1990 by Nick Holman, John Vickery and Greg Oldrieve. The company became a limited entity with employee shareholders a couple of years later.

The new acquisition will expand an already large property management portfolio for Vickery Holman, while adding considerable expertise to the general practice team and enhancing its client base across the South West.

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Mr Pellow said: “This is a very positive step for both of our businesses. King Wilkinson have an excellent reputation in the commercial property sector, and we feel confident that our clients across both companies will benefit from our combined services.

“We are highly ambitious for Vickery Holman’s growth and we know that we share many of the same values with King Wilkinson, making this a very good fit for our employees and clients.

“We look forward to the next phase in our growth plan as we move into the next decade which sees Vickery Holman’s 30th year of trading.’