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ENGIE enters into exclusive negotiations with Bouygues for the sale of EQUANS

ENGIE has entered into exclusive negotiations with Bouygues for the sale of  its services-led business, EQUANS, for a valuation of €7.1 billion Following the decision of its Board of Directors, and after a rigorous and competitive process, ENGIE said the ...

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ISS upgrades 2021 financial outlook

In its latest trading update for the period 1 January – 30 September 2021, global facilities services firm, ISS, reports a financial turnaround that is “on track”. The group’s interim results show organic growth was 0.7% in the first nine ...

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CBRE completes £960m deal for majority ownership of Turner & Townsend

CBRE has acquired a 60 per cent ownership interest in, and entered into a strategic partnership with, Turner & Townsend, a provider of program management, cost consultancy, project management and advisory consulting services for clients in 46 countries. The strategic ...

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Mitie acquires Rock Power Connections

Mitie has bolstered its high voltage, new connections and electric vehicle (EV) capabilities with the acquisition of Independent Connections Provider (IPC), Rock Power Connections Limited. The acquisition will enable Mitie to provide new connections to the electric grid, high voltage ...

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Pinnacle Group expands FM expertise with AM Services Group acquisition

Pinnacle Group has acquired AM Services Group (AMSG) in a deal that extends its service capacity, technical skill set and expert knowledge across new FM sectors including retail, manufacturing, and chemical industries. The acquisition will allow Pinnacle to expand its service footprint across the ...

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Novus on course to exceed growth targets following a spate of contract wins

Novus Property Solutions has reported ending the summer on a high having secured more than £23 million in new business in August and September. The news comes just three months after the national build, maintenance and compliance contractor welcomed its ...

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Rubix launches nationwide cutting and machining division

The leading multi-specialist industrial supplies and services provider in the UK − Rubix − is launching a nationwide specialist cutting tools and machining division. ‘Rubix Cutting & Machining’ will provide access to standard cutting tools, best in class turn around ...

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Beauparc acquires Manchester based JWS

The Beauparc Group, part of the Macquarie Infrastructure and Real Assets (MIRA) fund has agreed to acquire Manchester-based JWS Waste & Recycling Services (JWS). Formed in 1983 and independently owned since, JWS employ a workforce of 90 and operate from ...

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Richard Irvin FM lands £7m deal with Scottish veterans charity

Provider of technical facilities management and energy solutions for commercial property and domestic housing, Richard Irvin FM Limited, has secured a four-year contract with Erskine, a care organisation for ex-service men and women in Scotland. The £7 million deal, which ...

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Mace wins FM deal with global engineering firm

The global consultancy, construction and facilities management company, has been appointed by a leading international automotive engineering firm, to deliver facilities management services across its global operations. Mace is planning to offer FM services across 16 locations in Europe, the ...

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