OCS today announced its recommended acquisition of Mitie, bringing together two complementary businesses specialising in facilities management and transformation. Completion is subject to the terms and conditions set out in the Rule 2.7 announcement, including approval by Mitie’s shareholders and regulatory approvals.
The proposed combination would create a UK headquartered international facilities management group with broader sector expertise and geographic reach, bringing together two businesses with complementary strengths, a shared British heritage and an entrepreneurial spirit.
The proposed combination would strengthen the group’s ability to support existing and new customers operating in increasingly complex, regulated and mission critical environments across government, defence, healthcare, national infrastructure, life sciences and commercial markets. By broadening its portfolio of self delivered specialist facilities services and continuing to invest in people, technology and operational excellence, the combined group would be better positioned to help customers navigate evolving operational, regulatory and compliance requirements while supporting long term resilience and performance.
The combination would create broader opportunities for colleagues through continued investment in training, apprenticeships and career development across a wider range of services, sectors and geographies. It would reinforce the group’s mission and commitment to creating inclusive pathways into sustainable employment and social mobility.