Mergers & Acquisitions

‘Transformational transaction’ sees CBRE take majority share in Turner & Townsend

ENGIE has launched EQUANS, a new global business to manage most of its services-led activity in several nations – including the UK & Ireland.

SSE plc has finalised the sale of its M&E specialist business SSE Contracting to Aurelius, the pan-European investment group. 

Waste management business Biffa has completed a £10 million deal to buy Scotland’s only post-consumer plastics recycling facility (PRF) from Green Circle Polymers. 

Security services specialist Orbis Protect has finalised a management buyout with its investment partners to support the next stage of its growth strategy.

Amber Support Solutions, the Belfast-based industrial cleaning services provider, has become part of multiservice FM group Bidvest Noonan.

International facilities services provider ISS Group has agreed to dispose of its specialist franchised business-to-consumer restoration business, Spectrum Franchising Limited and its parent company, in the UK.

Bidvest Noonan has signed an agreement with Twenty20 Capital to purchase UK cleaning and security services Cordant Services for an undisclosed sum.

Biffa has agreed to acquire the collections business and certain recycling assets of Viridor Waste Management for £126 million.

Kingdom Services Group has finalised the acquisition of Facilicom Cleaning Services and Trigion Security Services in a move to strengthen the FM provider’s cleaning and security credentials, and increase market share.

Independent waste management operator Greenzone Facilities Management has completed a shareholder buyout with support from Virgin Money.

Global real estate consultant CBRE Group has entered into a deal to acquire Intego A/S, a technical facility services provider based in Aalborg, Denmark.