Fire safety firm sold in £2.4m deal
Nottingham-based FSE Fire Safety Systems Marlowe has been sold to Marlowe, the specialist services group in a deal worth £2.4m.
FSE was founded in 2005 and provides a range of fire safety and security services. The business operates nationally with a large base of customers in the East Midlands area.
For the year to 31 August 2019, FSE turned over £4.3m and posted a profit of £600,000
The acquisition will be funded from Marlowe’s existing cash resources.
