ISS, a global leading facility services provider, focuses on core business through divestment of landscaping activities
ISS UK Limited today announced it has successfully exchanged contracts to sell its Landscaping Business to Tivoli Group Limited, a company backed by Sullivan Street Partners. The divestment is in line with ISS' overall strategy and will see the transfer of around 1,100 operational staff and support functions to Sullivan Street Partners.
Matthew Brabin, Country Manager of ISS UK and Ireland
, said:
'This is a strategic divestment by ISS and will allow us to focus on our core services to our core clients, building on our Key Accounts approach.'
Layton Tamberlin, a Director at Tivoli Group
, said:
'We have been highly attracted to the grounds maintenance market for some time and the business within ISS provides a fantastic base from which to grow. We are looking forward to meeting the transferring staff and working with them to make Tivoli a market leading independent grounds maintenance business in the UK.'
Tivoli Group Limited will be focused on excellence in Grounds Maintenance for public sector, defence and corporate clients across the UK. The business will remain connected to ISS through their many shared clients.
Phil Jones, Managing Director of ISS Landscaping
, said:
'I would like to thank ISS for their support over the past several years building ISS Landscaping into a strong grounds maintenance business. With Sullivan Street, I look forward to the next phase of development where we will make Tivoli the pre-eminent environment for talented staff to build a grounds maintenance focused career and for clients to experience the very best service levels in the market.'
The transaction remains subject to satisfaction of certain conditions precedent customary in a transaction of this nature, including anti-trust approval.
Martin Kjær Hansen, Head of Group Investor Relations, +45 3817 6431
Simon Jacobs, UK Communications & Marketing Director, simon.jacobs@uk.issworld.com
Lena Stennicke, Head of Media Relations, +45 38 17 65 03
Richard Sanders, Director, PR@tivoliservices.com
ISS A/S published this content on 23 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 February 2018 09:51:04 UTC.
Original documenthttps://www.issworld.com/press/news/2018/02/23/iss-to-sell-its-uk-landscaping-business
Public permalinkhttp://www.publicnow.com/view/1F40B1593DF4842973418AB41DC10F3A7228FB31
ISS A/S is one of the world's leaders in general services to companies and communities. The activity is organized around 6 areas:
- cleaning services: to administrative premises, schools, hotels, health facilities, industrial companies, etc.;
- building technical maintenance and landscape development services (20%). The group also develops rat and insect extermination products distribution activity;
- catering services;
- support services: distribution and management of mails, logistics services, etc.;
- security services: building gardening and security services, alarm and access control systems installation, etc.;
- professional and industrial premises management and development.
Net sales are distributed geographically as follows: Denmark (3.8%), the United Kingdom and Ireland (13.5%), the United States and Canada (8.9%), Switzerland (8.1%), Germany (7.5%), Australia and New Zealand (6.5%), Turkey (6.1%), Spain (5.7%) and other (39.9%).
ISS A/S 
