ESS Modular completes acquisition of Spatial Initiative

ESS Modular completes acquisition of Spatial Initiative

ESS Modular becomes sole owner of UK school building company

17th June 2020: Leading modular building company, ESS Modular today announced that Spatial Initiative, has become a fully owned subsidiary of the ESS Modular Group. The announcement comes after ESS Modular acquired an additional 50% share in the UK school building company. The move is an investment in the continued growth of the educational arm of the business, which will continue to support the DfE’s ambitious school building programmes.

Spatial Initiative is on a number of Department for Education frameworks and to date has delivered seven new schools and is currently on site delivering a further seven new projects throughout the country.

In January of this year the company was appointed to the £3bn DfE Offsite Framework MMC I and joined a panel of contractors which will help deliver the DfE’s new school build programme for new primary and secondary schools across the UK over the next four years. This framework highlights a continued shift in government preference towards modern methods of construction (MMC).

Paul Tierney, CEO, ESS Modular said, “Spatial Initiative boasts a specialist team of construction professionals who are experts in delivering education projects. We are delighted to be able to announce today that we have acquired the business in full which will further strengthen the ESS Modular Group.  This investment will allow us to continue to grow our education offering in the coming years.”

Sarah Morton, Framework Director, Spatial Initiative said, “It has been a really exciting number of years for Spatial Initiative as we see modern methods of construction being increasingly recognised as the preferred solution to deliver the country’s school building programme. We are really looking forward to continuing our work with the DfE as part of the ESS Modular Group in delivering these important schemes.”

About Spatial Initiative
Spatial Initiative was founded in 2016 as a joint venture between ESS Modular and Styles & Wood. The company specialises in delivering education projects utilising modern methods of construction. It has become a leading school’s builder in the UK having secured 14 new projects with a combined value of over £100 million over the last 2 years.

About ESS Modular
ESS Modular is a leading modular construction company specialising in precision manufacturing. Founded in 1989, ESS Modular has more than three decades of experience in providing building solutions to the market and has grown to become an industry leader in modular construction in the UK and Ireland. ESS Modular directly employs over 190 people across five sites and two manufacturing facilities in London, Manchester, Belfast, Dublin, and Cork.

 

 

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