ISS enters 43rd country: New Zealand
16 June 2005
ISS is now entering the 43rd country. ISS is expanding into New Zealand thereby strengthening its market position in Oceania.
ISS has acquired Manchester Property Care Ltd. (MPC) and will become the third largest cleaning provider in New Zealand. MPC was founded in 1947 and has nationwide coverage with branches in nine locations including Auckland, Christchurch and Wellington. The company has an annual turnover of approx. DKK 82m and 900 employees.
"This acquisition has strategic value for ISS, since we enter an OECD-country with a healthy and stable economy", says Group CEO Eric Rylberg. "By adding New Zealand to the global ISS map, we continue to expand our geographical footprint and promote the philosophy of integrated facility services. All, in accordance with our new strategy, Route 101."
New Zealand is the third new country to join the ISS Group this year alone, and MPC provides ISS with a solid base on the New Zealand facility services market, where the company recently won significant contracts in the health care sector. In a longer perspective, MPC can also move into the growing market for integrated facility services, which ISS aims to explore, develop - and lead. MPC already offers services such as catering, landscaping and security.
"Following our recent investment in Australia, this acquisition helps strengthen our market position in the entire region and can push the market for integrated facility services", says Eric Rylberg.
Further information:
Thyge Boserup, SVP
Tel: +45 38 17 00 00