Rodgers & Johnston Ltd: Acquired by Cardo Group in Strategic Scottish Expansion
Deal News | Feb 19, 2025 | FM Business Daily

Cardo Group, a leading provider of property solutions, has announced its acquisition of Rodgers & Johnston Ltd (R&J), a Scottish-based company specializing in property maintenance services. This strategic acquisition marks Cardo's second purchase of 2025 in Scotland and aligns with its growth strategy to enhance service offerings and geographical reach. With a strong reputation in delivering high-quality services to housing associations and public sector clients, R&J will complement Cardo's existing strengths in mechanical and electrical (M&E), renewables, and retrofit solutions. R&J will continue to operate under its current management, ensuring seamless continuity for staff and clients, while benefiting from the expanded resources and expertise of Cardo Group. This move is part of Cardo's broader plan to expand its footprint across the UK, focusing on sustainable property solutions that support housing providers and public sector clients.
Sectors
- Property Maintenance
- Housing and Public Sector Services
Geography
- Scotland – The acquisition expands Cardo Group's operations within the Scottish region, where R&J is based and operates.
- United Kingdom – Cardo Group's broader strategy involves expanding its footprint across the UK, making this geography relevant to the overall plan.
Industry
- Property Maintenance – The article focuses on companies in the property maintenance industry, highlighting services such as responsive and planned repairs, which are core to R&J's operations.
- Housing and Public Sector Services – R&J provides critical services to housing associations, local authorities, and other public sector clients, making this sector highly relevant to the acquisition.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Cardo Group | Bidding Company | Company | A company focused on providing property solutions, including M&E, renewables, and retrofit solutions. |
Rodgers & Johnston Ltd (R&J) | Target Company | Company | A Scottish company known for providing high-quality property maintenance services since 1968. |
Greg Johnston | Managing Director of R&J | Person | Leading R&J and responsible for its successful operation and integration into Cardo Group. |
Liam Bevan | CEO of Cardo Group | Person | Overseeing Cardo Group's acquisition strategy and integration processes. |