OCS agrees £3.1bn Mitie deal to create £8.5bn powerhouse

OCS Group has agreed a £3.1 billion cash swoop for fellow facilities management giant Mitie, a member of the FTSE 250 index. Ipswich-headquartered OCS, backed by private equity firm Clayton, Dubilier & Rice (CD&R), said the deal – expected to complete in Q1 2027 – would create a combined business with £8.5bn revenue.  The deal … Continue reading OCS agrees £3.1bn Mitie deal to create £8.5bn powerhouse