Interserve and Paragon open first regional construction hub
Interserve, the international support services and construction group, officially launched its London and South East Construction Hub on Wednesday 24th February. The new office brings together the regional construction team with its specialist commercial interiors business, Paragon, to jointly deliver a wide range of projects to clients across multiple sectors.
Acquired by Interserve in May 2013, Paragon has increased its turnover to £175 million and grown from 55 to 180 staff in the period. The London and South East Hub is the first regional hub that brings together specialist fit-out operations and construction services. The new City office will support the combined 240-strong team to deliver in excess of £250 million of projects over the next year.
Ian Renhard, Managing Director of Interserve Construction, said:
“The launch of our new office is a significant step in the strategy we set to grow our business within London and the South East. In a very short time we have become a major force in this key market and have developed a sustainable workstream ahead of us.”
Gordon Kew, Managing Director of Interserve Building, said:
“I have been so impressed by the spirit of collaboration that has led to the smooth amalgamation of Interserve and Paragon. I’m excited to see this continue and for everyone to reap the rewards. Going forward, our vision is to be the leading contractor and fit-out specialist in London and the South East. The region presents a number of fantastic opportunities and we have already had great success.”
Matt Bray, Managing Director of Paragon, added:
“The new office is a massive landmark for our business and for me personally. The opportunity to move into such an inspiring space is testament to our success and underlines the faith that Interserve has had in the Paragon team from the start. The last three years have been really exciting and we couldn’t have hoped for more support to achieve our goals, we have grown together and proved that we can construct new build and fit out seamlessly.”
The new office is a showcase of what can be done as one team. The exemplar space achieved RICS SKA Gold after an assessment of more than 100 ‘good practice’ measures.