Faceo receives award for business growth

22 December 2010

The 2010 Frost & Sullivan European Company of the Year Award in Integrated Facility Management has been presented to Faceo.

The Award is presented to the company that has excelled in its growth strategy excellence and growth implementation excellence, degree of innovation with products and technologies, leadership in customer value, and leadership in market penetration.
“With 80-85 percent of its revenues gained from the delivery of integrated solutions, Faceo is rightly regarded as one of the very few true ‘one-stop shop’ suppliers in the European IFM market, a reputation that is further enhanced by its strong offerings in the delivery of multi-country contracts,” said Frost & Sullivan Research Analyst, Michael Meyer. “Over the past two years alone, Faceo added the likes of AB Inbev, Delphi and BASF to its list of multi-national clients.”
Faceo invests around 3,5 percent of its turnover in R&D and has its own training centre to facilitate the exchange of experiences and allow benchmarking for Europe-wide best practices.
In 2009 Faceo’s revenues grew by 9.4 percent and with strong revenues from large deals concluded in 2009 and 2010, a similar figure is expected for 2010, Faceo outperformed the market, which impacted by the economic crises, slowed to growth levels at around 2 percent. Faceo grew its workforce by over15 percent in 2009 and by over 9 percent in 2010
The Faceo Group was created at the end of 2000 by the merger of Thomson Gestion Immobilière, a subsidiary of Thales, and the FM business of Alstom Contracting, now Cegelec. Faceo’s turnover by 2009 topped €450m, making it one of the larger FM players in Europe. It manages over 2,5000 sites representing 8 million sq m floor space and has subsidiaries in more than 15 countries across the EMEA region. Since July 2010 Faceo is have become part of Vinci.