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Tag Archives: MITIE

Mitie to acquire Vision Security Group

Mitie Group has agreed to acquire Compass Group UK and Ireland’s security specialist business, Vision Security Group (VSG). VSG offers integrated security systems, manned guarding and key holding services, with a team of approximately 6,000 employees servicing more than 1,400 guarding ...

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Vodafone calls on Mitie for contract extension

Mitie has been awarded a two-year extension to its existing facilities management contract with Vodafone UK. The extension (subject to formal contract), will commence on 1 April 2020, and follows an initial six-year contract. Mitie will continue to provide a ...

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Mitie sells pest control business

Mitie Group has announced the sale of Mitie Pest Control Limited to Rentokil Initial plc for a consideration of £40 million, which will be paid in cash at completion, subject to any adjustment for final completion accounts. The majority of the ...

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Mitie predicts flat profits ahead of half-year results

Mitie has published its pre-close statement on the Group’s expected performance ahead of reporting 1H 18/19. Results are in line with expectations, the majority of businesses are performing well and the transformation programme ‘Project Helix’ is progressing to plan. Operating ...

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Mitie Security extends two transport deals

Mitie’s security business has won two contract extensions for travel clients, Strathclyde Partnership for Transport (SPT) and Eurostar, which combined are worth £12 million per annum. The five-year contract extension with SPT will see Mitie responsible for the delivery of security ...

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Mitie’s catering business launches unique collaboration in workplace dining

Mitie’s catering division, Gather and Gather has launched a new approach in workplace dining called ‘The Gathered Table’. A unique collaboration between culinary, technology and sustainability experts, The Gathered Table will look beyond the everyday to create better-fed, happier and healthier ...

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Mitie leads the field for carbon management

Mitie has been awarded the Carbon Trust Standard, having achieved a carbon management score of 81 per cent  – the best score awarded for a UK FM business. The score beats Mitie’s previous score by four percentage points and reflects ...

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Mitie’s Norwegian team secures FM and property services contract

Mitie has won a five-year facilities management and property services contract with Ahlsell to manage and maintain all its store locations in Norway. Ahlsell is one of the leading suppliers of materials to the Nordic Facilities Management, Plumbing, Ventilation, Electrical, ...

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FCA drops its investigation into Mitie

The Financial Conduct Authority (FCA) has dropped its investigation into Mitie over the timing of a profit warning issued by the outsourcing group in September 2016 and the preparation and content of its company accounts for financial year ending 31 March ...

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Mitie profits down, but transformation programme ‘progressing well’

Operating profit for Mitie last year was down 6.0 per cent at £77.1 million according to full-year results for the year end 31 March 2018. This is in line with guidance as it reflects investments made over the past year ...

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