Announced
Completed
Financials
Sources
Tags
Majority
facility management
Private
Friendly
Completed
Single Bidder
Switzerland
Real Estate Services
Acquisition
Cross Border
Synopsis
ISS, a facility management provider, completed the acquisition of Livit FM Services from Livit, a real estate agency. Financial terms were not disclosed. “With the acquisition, we strengthen our position with a service enterprise of outstanding high quality, offering ISS Switzerland an opportunity to enhance our market position in the long term. Livit FM Services is a well-established provider of professional facility services and, like ISS, has a presence throughout Switzerland. With their know-how, the experienced and extraordinarily well-trained employees of Livit FM Services will assist us considerably in creating significant added value for our clients," André Nauer, ISS Switzerland CEO.
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