Home / acquisitions / Canadian firm BGIS to acquire Carillion FM contracts in the UK

Canadian firm BGIS to acquire Carillion FM contracts in the UK

Global real estate and facility management services provider, BGIS, has entered into an agreement with the Special Manager for the Official Receiver to acquire a large portfolio of Carillion FM contracts in the UK.

Under the terms of the transaction, BGIS will acquire a portfolio of UK contracts for the delivery of services in the hospital, education, justice, transport and emergency services markets.

The transaction is subject to closing conditions, and is expected to close in the first quarter of 2018.

Gord Hicks, Chief Executive Officer, BGIS, commented: “We are excited to welcome the more than 2,500 Carillion employees that will join the BGIS team upon closing. This deal provides continuity of services for a large number of customers providing critical infrastructure within the UK Market. Our team is looking forward to engaging both customers and employees in the days ahead to effect the transaction and ensure a smooth transition.”

Mark Marquis, Chief Commercial Officer, BGIS, added: “BGIS has a long-established track record of serving federal and regional government as well as large corporate clients and onboarding complex, multi-site contracts around the world. With this transaction, we look forward to building a large presence in the UK facilities management market and providing customers with the same industry leading service and capabilities that we do throughout the globe.”

Headquartered in Toronto, Canada, BGIS a subsidiary of Brookfield Business partners, provides integrated facility management services. The firm employs 7,000 people globally across North America, Europe, the Middle East, Australia, Asia and New Zealand.

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