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ISS acquires UK and European operations of GSH Group

Published 13th March, 2015 by Neil Nixon

ISS acquires UK and European operations of GSH Group

ISS UK Ltd has announced acquisition of the UK, Ireland and European technical services division of GSH Group plc. GSH achieved revenues of approximately £135 million in the year ended 31 December 2014 and employs around 800 staff. This strategic move will create a significantly enhanced delivery capability comprising of over 1800 technicians across the entire region and create a market leading technical services organisation.

The acquisition strengthens ISS' technical capability in engineering which already had over 1000 engineers maintaining some of the most critical environments in the UK and Ireland. GSH Group plc is an established provider of energy management, compliance, and technical services in the UK and across Europe. GSH will retain its activities in India and the USA.

Richard Sykes, ISS UK and Ireland CEO, said: “This is a strategic acquisition by ISS and will further enhance our technical capabilities both in the UK and by acting as a springboard to enhance our European expertise. At the same time, it creates a market leading business in its own right. Our business has been extremely successful in growing our integrated solutions offering to our customers and this acquisition strengthens this solution even further.”

Clive Clarke, UK, Ireland MD of GSH, said: “This is an absolutely perfect fit for our business and provides a huge opportunity for all our staff. It will boost our technical engineering self-delivery within specialist hard services and total facility management contracts. ISS and GSH working together for mutual benefit, will provide greater opportunities for colleagues to develop their career paths.”

www.uk.issworld.com

Article links

http://www.uk.issworld.com