Pimlico Plumbers bought by US brand Neighborly.
Byline: By, Dave Clark
Neighborly, the world's largest franchisor of home service brands, has announced the acquisition of Pimlico Plumbers, central London's leading independent residential and commercial service and maintenance company.
The acquisition of Pimlico, which is a corporate-owned subsidiary, expands Neighborly to 29 brands across 19 service verticals and nearly 1,500 associates operating in nine countries.
"We are thrilled to be growing our global footprint with the addition of Pimlico as the next subsidiary brand to join our global family of home service professionals," said Mike Bidwell, President and CEO of Neighborly.
"Pimlico's wide array of trade services as well as its exceptional customer care perfectly align with Neighborly's purpose, which is to build an extensive service community known for providing excellent experiences. We are excited for the growth to come for both Pimlico and Neighborly as a result of this acquisition."
Founded in 1979 by Charlie Mullins, Pimlico operates based on its vision as a service and maintenance company that provides "More Than Just Plumbers."
While Mullins started the company by working from home with nothing more than a second-hand van and a bag of tools, today the organisation brings in annual revenue of nearly £52 million and is recognized as the UK's first branded plumbing company, as well as one of the best-known building services firms in the world.
Pimlico's services include heating, plumbing, bathrooms, drainage, electrics and more. With the support of more than 400 associates, the company prides itself on completing an average of more than 100,000 service jobs for central London homeowners and businesses each year.
"Neighborly is well-respected...
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