Market Share of Europe Facility Management Industry
The Europe Facility Management Market is highly competitive, with diverse firms of different sizes. This market will encounter several partnerships, mergers, and acquisitions as organizations continue to invest strategically in offsetting the present slowdowns they are experiencing. The clients in this region are employing FM services to increase the ease of their business operations and tackle the energy crisis through energy-efficient facility management services.
October 2022 - ISS A/S announced acquiring the facility management company Livit FM Services AG in Switzerland from its parent company, Livit AG. The integration of the acquired company would be completed in the first quarter of 2023, taking over 670 employees and critical account contracts within the cleaning and technical services.
June 2022 - Mitie Group plc agreed to acquire Custom Solar Ltd to strengthen its decarbonization offering. The company would initially pay GBP 8 million (USD 10 million or EUR 9.3 million) and a further up to GBP 4.4 million (USD 5.36 Million) by the end of the 2025 financial year. It is regarding performance targets to take over Custom Solar, which developed, designed, installed, and maintained solar power systems for public and private sector customers. The company would acquire the business on a cash-free, debt-free basis.
March 2022 - A new, multi-million pound, five-year contract with Mitie has been given to the company to supply BAE Systems with a fully integrated facilities management (FM) service. The contract unifies various agreements for four of BAE Systems' divisions under one roof and encompasses 26 BAE Systems sites throughout the UK. Mitie will offer various FM services as part of the contract, including catering, pest control, mechanical, electrical, building fabric maintenance, cleaning, reception, waste management, gardening, and mailroom.
Europe Facilities Management Market Leaders
https://www.cbre.co.uk/
https://www.mitie.com/
https://www.emcorgroup.com/
https://www.g4s.com/en-ie
https://www.uk.issworld.com/
*Disclaimer: Major Players sorted in no particular order
