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Acquisition of Atalian and OCS announced by global investment business

28 July 2022

Clayton, Dubilier & Rice (CD&R) has announced its intention to acquire FM businesses OCS Group and Atalian for an undisclosed sum.

These are subject to approval from the company's works council within the terms of its information and consultation requirements.

Once approved, the acquisition of the two businesses is designed to create a global FM service provider business.

No further statement has been issued on whether the two businesses will retain their identities, or whether any redundancies would result from their acquisitions.

The official statement said the creation of the new platform, consisting of Atalian and OCS Group, would result in "a leading presence in Europe and Asia-Pacific across cleaning, security and multi-technical services".

CD&R partner Christian Rochat said: "Both companies operate in established markets with steady, long-term trends.

"They fit well together with similar values and customer-focused philosophies.

"We look forward to supporting the teams in developing a leading FM platform with an enhanced customer proposition, and drive growth and operating excellence."

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