Cleaning and maintenance company Fantastic Services has acquired London-based My Plumber in a landmark deal.
The takeover means Fantastic Services will be able to offer plumbing and heating services to its customers for the very first time.
Fantastic Services co-founder Rune Sovndahl says he’s got rival outfit Pimlico Plumbers in his sights as he targets plumbing sales worth £40 million a year.
He said: “Demand for good, reliable plumbers has never been higher.
“We’re delighted to add My Plumber to our growing portfolio – and to be able to offer our customers plumbing services for the very first time.
“In My Plumber we have purchased the best-rated plumbing company in London. And we want to build on that existing feel-good factor when it comes to customer satisfaction, using our Fantastic Services systems to offer an excellent, professional experience at a good price.
“We also believe we can eclipse the other main players in the London plumbing market, such as Pimlico Plumbers in the future – one of our main market rivals. For me, it’s time London truly got fantastic plumbing.”
The financial details of the purchase have not been disclosed.
Fantastic Services, which processed customer orders worth £32.5m last year, already specialises in cleaning, gardening, landscaping, waste removal, pest control alongside handyman services.
All existing My Plumber staff – comprising an experienced team of Gas Safe-registered engineers, electricians, and handymen, plus an administration and estimating team – will be retained.
My Plumber, established in 2005, has expertise in general plumbing repairs and installations, as well as heating and gas services including the installation of boilers and central heating systems. It also operates electrical services, under the My Electrician name, as well as a handyman operation called My Handyman.
The company also offers a bespoke design and install service for bathrooms, kitchens and wetroom refurbishments.
Rune added: "We are intent on building a customer-focused position in the plumbing and heating services market that will seriously challenge the established players such as British Gas and Dyno."
Angie Lyons-Redman, owner of My Plumber, says: “I am delighted to be in a position to sell My Plumber to Fantastic Services, a company that shares my passion for customer services. I believe that the staff and customers will benefit massively from the investment that Fantastic Services can provide and I look forward to seeing the next chapter for the business.”