ISS enters the U.S. market by acquiring Sanitors, Inc., a provider of cleaning and other facility services with annual revenues of DKK 1.8 billion and operations nationwide in the U.S.
ISS enters the U.S. market by acquiring Sanitors, Inc., a provider of cleaning and other facility services with annual revenues of DKK 1.8 billion and operations nationwide in the U.S. 
Copenhagen, 23 May 2007 - The ISS Group today announced that ISS is launching operations in the U.S. through the acquisition of Sanitors, Inc., a major U.S. provider of cleaning and a range of other facility services.
Sanitors, Inc. has annual revenues of approximately DKK 1.8 billion, 10,000 employees and a service offering in cleaning, building maintenance, landscaping, bridge tending and security. The company operates through 8 divisions in 42 of the country's 50 states.
ISS Group CEO Jørgen Lindegaard said: "By starting up operations in the U.S., ISS has fulfilled one of its most important strategic goals. We cannot pursue our ambition to lead facility services globally without operating in the world's biggest economy. The U.S. economy has enormous potential for outsourced facility services, and ISS wants to explore the opportunities as an important part of the Group's continued expansion."
"Sanitors, Inc. is the right company to provide us with a new U.S. platform. It has a great reputation in the market and is a quality service provider. It has nationwide coverage and a consistent financial performance", Jørgen Lindegaard said. "Furthermore, Sanitors is the right match for ISS, in terms of size, service mix and corporate culture. This is a large acquisition providing ISS with the necessary market leverage from the outset, yet it has a manageable size in line with our general acquisition strategy," he added.
During the last 5 years, Sanitors, Inc. has grown revenues by 20% annually, and the company's organic growth and operating margin are in line with that of the ISS Group.
Sanitors Inc. was founded by its current CEO, Mr. Darrell Glover, in 1978. Mr. Glover, who will continue as CEO and Country Manager of the new ISS Facility Services Inc., said, "This is a great opportunity to maximize our potential within the U.S. market. Our current range of services combined with ISS' global reach and expertise will open up new opportunities for us to provide our clients with a wider range of solutions and eventually a one-stop-shop for all their facility service needs.
"I founded Sanitors 30 years ago and have seen it grow to what it is today. I cannot think of a better new owner and business partner than ISS. As a part of ISS, we will gain access to global best practices and new opportunities will become available to our employees as our company develops", Mr. Glover added.
The acquisition agreement was signed in San Antonio, Texas, the home of Sanitors' headquarters. The acquisition is expected to be closed during June, 2007.
Further Information: Jørgen Lindegaard
Group CEO, ISS
Tel: +45 38 17 00 00
Stig Pastwa
COO, Belgium, France, Italy, Latin America, Portugal, Spain and the U.S. ISS A/S
Tel: +45 38 17 00 00
Mobile: +45 23 34 35 54
Anders Krogenberg
Vice President, Head of Group Communications, ISS A/S
Tel: +45 38 17 62 41
Mobile: +45 20 70 62 41
About the ISS GroupThe ISS Group is one of the world's leading Facility Services Groups. The ISS Group's annual revenues exceeded DKK 55 billion in 2006 and ISS now has more than 410,000 employees in 50 countries across Europe, Asia, North America, Latin America and Australia.
About Sanitors Inc.
Headquartered in San Antonio, Texas, Sanitors, Inc. is a U.S. major provider of cleaning and other facility services such as landscaping, building maintenance and security. Industries served include Class A Office, Corporate Campus, Governmental, Industrial, Retail, Medical, Education, Sports and Entertainment. Sanitors, Inc. has revenues of DKK 1.8 billion (US$320 million) and 10,000 employees.