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Facilities Management

Interserve completes sale of the Group

International support services, construction and equipment services group, Interserve, has announced the appointment of Alan Hudson and Hunter Kelly of Ernst & Young LLP as administrators to Plc and the successful completion of the sale of the Group, other than ...

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Serco signs deal with South Australian Government

Serco Group through its Australian subsidiary has signed a new contract with the South Australian Government to operate and manage the Adelaide Remand Centre (ARC) for the South Australia Department for Correctional Services. The estimated total contract value to Serco over ...

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UPDATE: Interserve confirms it’s going into administration

Following the rejection of its rescue plans, Interserve has now confirmed it is to go into administration, which will wipe out its shareholders. However, it is on tract to avoid a Carillion-style collapse as the company which employs 45,000 people ...

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UPDATE: Interserve loses rescue vote

Interserve has failed to persuade shareholders to approve a rescue plan for the company. Interserve is expected to go into administration later today, although its contracts are likely to continue as normal and no job cuts are expected.  But its failure ...

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Interserve: faces crunch vote on rescue plan

Interserve faces a crunch vote on Friday over its proposed rescue plan. If shareholders fail to back the debt-for-equity deal, the firm could go into administration by the weekend. The firm employs 65,000 staff worldwide, 45,000 in the UK, cleaning schools and ...

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Serco selected by Belgian Ministry of Defence for IFM services

The Belgian subsidiary of Serco has been awarded the contract by the Belgian Ministry of Defence to provide an integrated range of facilities management services on the Heverlee and Meerdaal military bases, near Leuven. The contract is valued at €30 million ...

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Westgrove Group gains Living Wage Service Provider status

The Westgrove Group, who employs over 1000 security, cleaning and customer service colleagues across the UK will recommend to its Partners that those colleagues are paid the higher wage rate of £9.00 per hour, following its accreditation as a Living ...

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SWC wins first major contract in the Midlands

Specialist Window Cleaning (SWC), the window cleaning arm of Incentive FM Group, has expanded its portfolio to the Midlands, having won a contract to provide a range of services at The Cube, a 25 storey mixed-use development in the centre ...

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FSI to provide CAFM / IWMS services to CeX

Facilities management software provider, FSI, has announced CeX has selected its Concept Evolution CAFM / IWMS for the management of its stores throughout the UK and Ireland. CeX, established in 1992 from the We Buy Group, is a second hand goods ...

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Interserve issues statement regarding deleveraging plan

The Interserve Board has confirmed it has been in discussions with majority shareholder, Coltrane Asset Management, and its lenders, which have sought to establish the basis on which Coltrane would support the company’s restructuring proposal. On Monday (4 March) Interserve announced ...

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