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Osborne Group concludes sale of Osborne Property Services Limited

  • Osborne Property Services Limited will transfer to Cardo Group, enabling it to build on the success of recent years.
  • Osborne Group continues restructure to focus on core construction and development business with bright prospects for 2024.
  • Osborne Group has agreed a sale of its Osborne Property Services Limited (OPSL) business to Cardo Group today as it continues to focus on its core construction and development business.

OPSL has an exciting new home with Cardo Group, where the team can build on the successes of recent years and pivot further toward growth in net zero.

Osborne Group’s focus on its core business this year has seen existing projects progress well and the development of a sizeable future order book.

An Osborne Group spokesperson said: “We have agreed the sale of OPSL today in the latest stage of the strategic review undertaken by the board earlier this year.

“OPSL will thrive under its new owner and we look forward to seeing the business continue its success. All staff are transferring with the business.

“The board is continuing to implement the outcomes of the review, focusing the Group on its core business of construction and development.

“Our existing projects are all going well and we are on track to deliver for our customers. The order book for 2024 continues to grow, with strong projected revenues next year.”

 

To view the OPSL press release click here.

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