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Tag Archives: acquisition

Serco to acquire Facilities First Australia

Serco Group through its Australian subsidiary, Serco Group Pty Limited, has reached agreement to acquire Facilities First Australia Holdings Pty Limited (FFA). The business is to be acquired for an enterprise value of A$76.5 million (£43 million), subject to standard ...

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Tivoli acquires Sodexo Horticultural Services

Independent specialist grounds maintenance service provider, Tivoli Group has exchanged contracts to acquire Sodexo Horticultural Services. With over 40 years’ experience, Sodexo is a leading provider of high-quality horticultural services to a diverse customer base. Sodexo Horticultural Services employs over 250 ...

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Reconomy acquires Waste Source

Outsourced resource management and environmental services provider, Reconomy, has acquired Waste Source Ltd, further strengthening its UK commercial waste division. Based in Bristol, Waste Source is an independent waste broker providing waste collection, recycling and disposal solutions to businesses primarily ...

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G4S Board agrees sale to US firm Allied Universal

Security firm G4S looks set to be acquired by US owned security firm Allied Universal for approximately £3.8 billion. This follows the Director’s agreement to accept an offer of 245 pence per share. The deal will see the creation of ...

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CMA provides merger clearance for Mitie’s acquisition of Interserve FM

The Competition and Markets Authority (CMA) has published an update on its review of Mitie’s acquisition of Interserve’s Facilities Management business giving clearance for the transaction to proceed. The CMA has decided on the information currently available to it, “not ...

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Maxim FM acquires regional competitor

Maxim Facilities Management, a provider of cleaning and facilities management services, has acquired a local competitor as it looks to consolidate and grow its presence in the North East of England. Sunderland-headquartered Maxim FM has purchased Total Facilities Management (NE) ...

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Mitie slashes price for Interserve FM acquisition by £81m

Outsourcing firm Mitie has announced the final terms of its acquisition of Interserve Facilities Management which sees the original amount it was willing to pay for the business cut from £271m to £190m. In a statement, Mitie said that it ...

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Acquisition sees Reconomy on international stage

Reconomy, a provider of outsourced waste management and environmental compliance services has signed an agreement to acquire the Noventiz Group of Companies, from German PE house SEAFORT Advisors taking the first step into the international market. Based in Cologne and ...

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Bartlett Mitchell acquired by WSH

Westbury Street Holdings (WSH), the company behind a number of foodservice brands operating in the UK and Europe, has acquired UK-based boutique caterer, Bartlett Mitchell. The national and local restrictions enforced due to the Covid-19 pandemic have had a material ...

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Kings Secure Technologies to purchase Silver Group

Bradford-based Kings Secure Technologies (KST) has signed a definitive agreement to acquire Luton-based supplier of fire safety systems, smoke ventilation and security technology solutions, Silver Group. KST is a leading group of companies providing specialist solutions within the Fire & ...

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