Dan Peters 26 June 2020

Mitie and Interserve Support Services to merge

Outsourcer Mitie has proposed to merge with facilities management firm Interserve Support Services by the end of the year in a £271m deal.

The combined organisation will become the largest facilities management company in the UK, employing more than 77,500 people.

Interserve’s board said the proposed transaction would create a ‘larger and stronger’ facilities management business and would be ‘highly attractive’ to its stakeholders.

Chairman of Interserve Group, Alan Lovell, said: ‘The transaction, which is consistent with our stated strategy of realising value for our shareholders, will reduce the group’s debts, enable a pay down to our shareholders and stabilise the group’s financial position through a retention of a proportion of the proceeds.

‘It will leave Interserve as a focused group, executing clear business plans in Interserve Construction and RMD Kwikform, as well as our citizen services portfolio of businesses.

‘Interserve Group sees significant opportunities for these businesses in their respective markets, which we will continue to pursue with a high level of discipline.’

Improving digital accessibility image

Improving digital accessibility

Mark McCallum warns hundreds of documents on council websites still do not meet the UK regulations and globally-recognised accessibility standards.
SIGN UP
For your free daily news bulletin
Highways jobs

Head of Property, Investment and Regeneration

Lancaster City Council
£53,633-£67,296
We are looking for a creative, inspirational and commercially minded leader who is able to translate vision and strategy into reality. Lancaster, Lancashire
Recuriter: Lancaster City Council

Accountant - Hybrid Working

North Yorkshire County Council
£36,370 to £40,578
Are you driven by more than just the bottom line? Want to be more than just an Accountant? Hybrid working with the expectation to visit County Hall, Northallerton and client premises, as required.
Recuriter: North Yorkshire County Council

Apprentice Social Worker

North Yorkshire County Council
£25,418 - £28,226 per annum pro rata.
A great opportunity to join our excellent organisation as an Apprentice Social Worker! Scarborough Area
Recuriter: North Yorkshire County Council

Principal Building Control Surveyors

City of York Council
£45,207 per annum.
City of York Council are looking for two talented individuals to take the lead in moving the Building Control Team forward. Hybrid
Recuriter: City of York Council

Building Control & Property Information Manager

City of York Council
Grade 11, Level 1-4 (£43,910 - £50,504 per annum)
We have an opening for a Building Control and Property Information Manager within our Building Control team based in the city of York. York, North Yorkshire
Recuriter: City of York Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.