News on 29 January 2001

ISS acquires Belgian, Swedish and Israeli companies

ISS has acquired cleaning services provider Group 4 Maintenance in Belgium, a company with 1,200 employees expecting to generate a turnover of DKK 228m (£19m).

In Sweden, ISS has bought the activities of Överbacka Städ och Puts, a cleaning provider with 52 employees and an expected turnover of DKK 13m (£1m).

The Israeli acquisition gives ISS a 75% share of Sharit Technologies - a DKK 20m (£1.7m) turnover company with 16 employees. As part of the deal ISS Ashmoret has an option after two years to acquire the remaining 25% of Sharit, which provides damage control management and electronic, mechanical and structural restoration services.

Jessica Jarlvi

www.iss-group.com

Tell someone about this!

Back to front page Back to news overview