Clayton, Dubilier & Rice to acquire OCS and Atalian

Private investment firm, Clayton, Dubilier & Rice (CD&R) is set to acquire OCS Group and Atalian, to form a global facilities management platform.

CD&R has announced agreements under which CD&R Fund XI and affiliates will acquire the facilities services business of OCS Group, which delivers critical and essential services to support more than 20,000 customers. CD&R has also made a “binding and irrevocable offer” to acquire Atalian. With a turnover of 2.946 billion euros, more than 123,000 employees in 35 countries across four continents, Atalian is one of the world’s largest independent services provider in facility management.

The acquisitions are subject to consultation conditions and clearance from the relevant regulatory authorities. They are expected to be completed in the second half of 2022.

Once the deal is completed, the platform will be a global FM player with a leading presence in Europe and Asia-Pacific across cleaning, security, and multi-technical services, among others.

Christian Rochat, CD&R Partner commented: “We are excited by the opportunities that the creation of this platform represents. Both companies operate in established markets with steady long-term trends. They fit well together with similar values and customer-focused philosophies. We look forward to supporting the teams in developing a leading FM platform with an enhanced customer proposition, and drive growth and operating excellence.”