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21-09-2021, 06:09 AM
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Senior Member
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[Pimlico Plumbers has been sold to
US home services group Neighborly. The deal will see founder Charlie Mullins offload his 90% stake in the group and is expected to be worth between £125m and £145m, according to the Financial Times. The entrepreneur's son, Scott Mullins, will retain a stake of about 10%, and continue his role as chief executive. The London-based firm currently makes nearly $70m (£50.7m) in revenue a year, and employs more than 400 workers. Founded in 1979, Pimlico's services include heating, plumbing, bathrooms, drainage and electrics. It completes an average of more than 100,000 service jobs for central London homeowners and businesses each year.] https://www.bbc.co.uk/news/business-58632984 Sign Of The Times |
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21-09-2021, 06:26 AM
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thesheriff443
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Plumbers are notoriously expensive but if you live in London you pay massively over inflated prices
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21-09-2021, 07:32 AM
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This Witch doesn't burn
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Wasn't he the guy that said all his workers had to be vaccinated...
and now he sells the company.... 
__________________
 'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' |
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21-09-2021, 07:38 AM
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Senior Member
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Quote:
Yes Charlie Mullins |
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Pimlico Plumbers sold to USA firm Neighborly
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