MITIE has acquired the FM contracts and the majority of the employees of Dalkia FM for a total maximum cash consideration of NOK 10m (£1.06m) subject to certain conditions being satisfied over the period to 7 September 2012. Dalkia FM reported revenues of NOK 27.7m in the year ended 31 December 2011.
Ruby McGregor-Smith CBE, Chief Executive, MITIE Group PLC, commenting on the transaction, said, “This is a further step in our strategy to develop MITIE’s ability to support our clients overseas. We are delighted to welcome the employees to MITIE.”
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