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ATALIAN ANNOUNCES THE FORMAL ACQUISITION OF OCS GROUP
Atalian has confirmed that its UK, Ireland and Asia operations are to merge with OCS Group. The move follows the acquisition of OCS Group by Clayton Dubilier & Rice (CD&R ) last year. Atalian has sold its operations in the UK, Ireland and Asia, along with its specialist automotive division Aktrion, to the private investment firm.
A company statement said that the merger would create “one of the world’s largest international facilities service providers”. Atalian’s group CEO Rob Legge will now become group CEO of the combined businesses, which will merge its operations over the next 12 months. Further details of the company’s ambition and vision will be announced in the coming weeks.
OCS Group finalised the transaction to sell off its facilities services division to CD&R last December after a sale and purchase agreement was announced in July 2022.
retail, and film and TV production.
The joint administrators were advised by Osborne Clarke LLP, and Ecoserv FM Group Limited was advised by Stephenson Harwood LLP.
Corfield said: “Having grown successfully for many years, the group has faced a heady combination of challenging trading conditions related to and since the pandemic, which was exacerbated by financial obligations arising from a franchisee in-housing strategy… we’re delighted that this transaction has secured a fresh start for the business and its near 2,000 employees whom we wish the very best of luck for the future.”
THe roots of Crawley-based OCS Facilities Services go= back to 1900 and it has since grown into an international facilities services provider delivering services to 20,000 clients. It currently employs more than 68,000 staff. First established as the New Century Window and General Cleaning Company, by Frederick William Goodliffe, his sons developed the business and until a new business, Office Cleaning Services, was founded in 1930. Five generations of Goodliffes havesince been involved in the business as it has expanded its scope over the years.