Sureserve Group PLC (AIM:SUR) has picked up a long-term domestic gas servicing, repair and installation contract with Tower Hamlets Homes.
Tower Hamlets Homes manages 1,500 tenanted homes on behalf of the London borough and the 10-year contract, which starts on 1 April, is expected to generate sales revenue of £20mln.
David Greenfield, managing director of Sureserve subsidiary K&T Heating Services, said: "K&T Heating has maintained a long and respected history of working within East London and to be able to expand upon an already strong geographical presence is an exciting opportunity for us all.”