Davis Service Group
From Wikipedia, the free encyclopedia
| Davis Service Group plc | |
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| Type | Public (LSE: DVSG) |
| Founded | 1920 |
| Headquarters | London, UK |
| Key people | Christopher Kemball, Chairman Roger Dye, CEO |
| Industry | Laundry |
| Revenue | £822.1 million (2007) |
| Operating income | £95.0 million (2007) |
| Net income | £63.6 million (2007) |
| Website | www.dsgplc.co.uk |
Davis Service Group (LSE: DVSG) is a leading British-based provider of textile maintenance services. It is headquartered in London and is a constituent of the FTSE 250 Index.
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[edit] History
The business was formed in 1920 as Godfrey Davis renting out automobiles. It was first listed on the London Stock Exchange in 1959. In 1987 it acquired Sunlight Services, a leading laundry business founded in 1900. In 1991 it sold most of its car dealerships (having already sold the car rental business) and the name was changed to Davis Service Group. In 1996 it acquired Spring Grove Services, another leading laundry business.[1] In 2002 it bought Sophus Berendsen, a leading Danish laundry business for £426m.[2]
[edit] Structure
The Group is organised into two divisions:
- UK and Ireland: The Sunlight Service Group / Spring Grove Services (Ireland) Limited
- Continent: Sophus Berendsen Group
