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Announced

Completed

Apleona completed the acquisition of a stake in Eastway.

Synopsis

Apleona, a European company for integrated facility management, completed the acquisition of a stake in Eastway, the Irish predictive maintenance specialist. Financial terms were not disclosed. "Partnering with a market-leading FM company such as Apleona gives us access to markets and a broad and international customer base that offers Eastway very significant development and growth opportunities. The diversity and size of Apleona's industrial customers, who operate in critical environments and require high reliability of their assets, as well as Apleona's high level of professionalism and affinity with technology, convinced us that we had found the right partner for a successful future. A partnership between Eastway and Apleona means we can focus on continuing to be the best reliability partner in the global market, with the support of a very experienced and successful corporate team. We are pleased and proud to be an important element in the further development of Apleona,” Bernard Berkery, Eastway CEO and founder.

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