Mitie Completes its Acquisition of Interserve

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01 December 2020 | Updated 30 March 2022

Today marks Mitie’s acquisition of Interserve's Facility Management business.

The Competition and Markets Authority cleared the deal to proceed in mid-November, after a previous investigation into whether the acquisition might reduce competition in the FM sector.

A new operating model will combine the strengths of both businesses, pledging to shape the future of the FM industry with “recognition for frontline heroes, industry-leading technology and a focus on sustainability”.

Five Divisions in the New Group

The group will be formed of five divisions, covering both the private and public sectors:

• Business services which include security, cleaning and office services
• Central government and defence
• Communities which will serve hospitals, PFI schools, local authorities
• Technical services including engineering services, energy, water and real estate services
• Specialist services comprising of Mite’s existing care & custody, landscapes and waste businesses

Phil Bentley, Chief Executive at Mitie, commented: “I want to extend a warm welcome to all the new colleagues and clients who are joining Mitie today. I recognise that there is much to do as we bring our two companies together, but I believe that we have an opportunity to shape the future of Facilities Management. By being the voice of the frontline and a standard-bearer for the industry, together, we will create a company we can all be proud of.”

Benefits for Key Workers

Mitie now has 77,500 employees, the majority of which continue to work on the frontline of the COVID-19 pandemic in essential services. Recognising the vital services these colleagues provide, Mitie has developed a range of initiatives which offer support, development and opportunity, creating a great place to work for all colleagues.

A range of new benefits will be available to all colleagues including life assurance, a 24/7 virtual GP service, and an Employee Assistance Programme, as well as a range of other lifestyle benefits.

Picture: a photograph of a Mitie engineer working, wearing a branded protective hard-hat

Article written by Ella Tansley | Published 01 December 2020

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