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Tag Archives: acquisition

CH&Co gets its Apostrophe right

CH&Co has announced it is taking full ownership of stylish high street café group Apostrophe. The multi-brand catering business, which already owns 50% of the leading coffee shop chain, says it is buying the remaining 50% stake in the business, ...

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Interserve completes acquisition of Initial Facilities

Interserve has completed its acquisition of Initial Facilities, Rentokil’s facilities management division for £250 million. Interserve shareholders voted in favour of the acquisition, which the firm’s board claims would make it one of the largest providers (top three by revenue) of ...

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Interserve investors vote in favour of £250m acquisition of Rentokil’s Initial Facilities

Shareholders of international construction and support services firm Interserve have today voted in favour of a resolution to approve the acquisition of the facilities services business, Initial Facilities, from a subsidiary of Rentokil Initial Plc for a cash consideration of £250 million. Initial Facilities ...

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Grosvenor Services expands security portfolio with Charter acquisition

Grosvenor Corporate Security, a division of Grosvenor Services, the facilities management, cleaning and security company, has announced the acquisition of family-owned firm, Charter Security Limited. This latest acquisition forms a key part of Grosvenor Services’ strategy to concentrate on building ...

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Interserve scales up with £250m Initial Facilities acquisition

Interserve has today announced its intention to buy Initial Facilities, in a deal so big that if it were to go ahead, it would create one of the UK’s largest providers of support services operations. Interserve, the international support services and ...

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Biffa targets market share growth with new acquisition PHS Wastetech

Waste management firm, Biffa Group, has announced an agreement to acquire the commercial waste business of PHS All Clear Ltd, known as PHS Wastetech, for £2.5m. PHS Wastetech currently has a turnover of £25m and specialises in specialising in general ...

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Cofely, a GDF SUEZ company, completes the acquisition of Balfour Beatty WorkPlace

Cofely, a GDF SUEZ company, has completed the acquisition of Balfour Beatty’s UK facilities management business – Balfour Beatty WorkPlace, following full approval from the relevant authorities. Balfour Beatty WorkPlace will be combined with Cofely’s existing UK business with immediate ...

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OCS acquires business assets of environmental services firm Silverdell

OCS, the UK-based total facilities management provider, has acquired some of the business assets of troubled environmental and decontamination firm Silverdell plc, saving over 500 UK jobs. OCS, which boasts an annual turnover in excess of £840 million, has acquired certain assets of ...

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Churchill acquires Redcliffe Catering

Facilities and support service firm Churchill Services Group has announced the acquisition of Redcliffe Catering. The move is seen as a natural fit for both organisations, and is expected to further enhance Churchill’s service capability and assist in creating a stronger ...

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CBRE Group closes Norland acquisition

CBRE Group has today announced it has closed the acquisition of Norland Managed Services Ltd (Norland), the technical engineering and facilities services firm. Norland’s service capabilities enable CBRE to self-perform technical engineering services for commercial buildings and to provide its ...

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