FMJ Facilities Management magazine providing industry-specific intelligence to FM and property professionals
Clayton, Dubilier & Rice (CD&R), a leading global investment firm, has completed its acquisition of OCS Group’s facilities services division (OCS FS), following a Sale and Purchase Agreement announcement in July.
CD&R has also made a“binding and irrevocable offer” for the acquisition of global facilities services business, Atalian. Assuming this deal also completes, OCS FS and Atalian will operate under a joint ownership structure.
OCS FS is a leading international facilities services business, delivering essential and mission critical services to 20,000 customers and employing more than 68,000 colleagues.
Speaking about the completed transaction, John Hunter, OCS Group CEO said: “I am immensely proud of the OCS business transformation and growth of the OCS FS business that we have achieved over the last six years. Under CD&R’s ownership, with their reputation as a business builder and extensive experience in the facilities services space, the business is now well placed to further accelerate its strategic growth ambitions. CD&R is in an excellent position to invest to continue to enhance value propositions for customers, and future opportunities for colleagues.”
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