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Sep 16, 2013 SHARE
Grant Thorton reports that the volume of UK Facilities Management M&A deals in the first half of the year totals over 50% higher compared to the first half of 2012.
> Read More...Sep 13, 2013 SHARE
Bahrain Airport Company (BAC) announces the full acquisition of
Hochtief Facility Management Bahrain (HTFMBA) and the buyout of the 50% shares in the joint venture. The 50% stake will add to BAC’s existing 50% of the joint venture to make this a 100% Bahraini Company fully owned by BAC.
> Read More...Aug 26, 2013 SHARE
Jones Lang LaSalle acquires Houston-based property management firm, Means Knaus Partners. The deal allow JLL to add some 16 million square feet of properties primarily in Chicago, Dallas, Denver, Houston, Los Angeles, Orlando and Tampa to its portfolio.
> Read More...Aug 21, 2013 SHARE
Newsec acquires
Jones Lang LaSalle’s Swedish property management operations
> Read More...Aug 12, 2013 SHARE
UGL confirms the de-merger of its Real Estate and Facilities Management arm, DTZ within the next 12 to 19 months.
> Read More...Aug 09, 2013 SHARE
Cofely's parent company, GDF announces the acquisition of
Balfour Beatty Facilities arm, WorkPlace. WorkPlace has a gross GBP190 million value and employs 9,000 individuals. The combined Cofely and WorkPlace entity will generate approximately $1.2 billion revenue in Facilities Management.
> Read More...Aug 07, 2013 SHARE
EFS Facilities Service Group is selected by General Electric to provide Facilities Management services to sites in UAE and Oman. The scope of the extended service agreement includes building maintenance, janitorial & housekeeping, office support services, HSEQ management and catering services.
> Read More...Aug 07, 2013 SHARE
The University of Saskatchewan lay off 86 Facilities Management professionals and will leave 21 FM positions vacant as part of an effort to avoid a multi-million dollar budget deficit in the coming years.
> Read More...Aug 07, 2013 SHARE
UK's Johnson Service Group (JSG) announces the sale of its facilities management business,
SGP, to Bell Rock Bidco, a private equity firm for a cash consideration of GBP 32.2 million. The move allows JSG to focus on its core textile business.
> Read More...Aug 06, 2013 SHARE
US-based
ABM will partner with France's
Derichbourg after a joint venture between the two providers has been awarded a contract to provide Facilities Management and Support services to Sigonella US Navy Air Station in Italy. The scope of the contract includes labor, supervision, management, tools, materials, equipment, facilities, transportation, incidental engineering and other items necessary to provide base operation and support services. 75 individuals will be mobilized to support the account.
> Read More...Aug 06, 2013 SHARE
Jones Lang LaSalle acquires Kansas City-area commercial real estate firm Capital Realty. The deal allows JLL to add 90 properties and 5.4 million square feet to its portfolio under management.
> Read More...Aug 01, 2013 SHARE
UK's NHS takes over management of hospital following deaths for routine surgery and loss of patient records. The UK Government's unusual move to buy the privately-run hospital from Clinicenta, part of
Carillion, comes as some critic the former government for putting "a building company in charge of highly sensitive and complex surgical procedures".
> Read More...Aug 01, 2013 SHARE
ISS completes the sale of its Nordic Damage Control activities in Norway, Denmark and Finland to funds advised by Agilitas Partners. Agilitas will continue to provide damage control services to ISS Integrated Facility Services customers as needed
> Read More...Jul 31, 2013 SHARE
France’s Schneider Electric has agreed to acquire UK engineering group Invensys for GBP3.4bn as it looks for a bigger share of the fast-growing industrial automation market.
> Read More...Jul 31, 2013 SHARE
Fine Facilities Management is awarded a contract by Dow Chemical Seal Sands to provide full mechanical, electrical and instrumentation maintenance services for its facility located in Teeside, UK.
> Read More...
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