RM Plc, an Oxfordshire-based provider of education services, has acquired local rival Isis Concepts for up to £2.69 million. 

RM Plc, an Oxfordshire-based provider of education services, has acquired local rival Isis Concepts for up to £2.69 million.

Isis Concepts is a supplier of specialist education interiors. On completion, the current Isis management team will remain with the business.

Terry Sweeney, chief executive of RM, said: “We’ve been working with Isis Concepts for the last year. They’re an innovative and growing company, with good relationships with BSF architects and constructors.”

RM reported strong trading figures in the six months to 31 March 2008, with revenues up 21 per cent to £141.9 million, and pre-tax profits of £200,000.