Cleanzine: your weekly cleaning and hygiene industry newsletter 25th April 2024 Issue no. 1111
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ISS divests activities in Argentina and Uruguay
ISS has divested its activities in Argentina and Uruguay. The divestment reflects ISS's strategy of focusing on its core business in markets with significant future demand for Integrated Facility Services and markets of importance for global key account customers.
The buyers of the activities are the shareholders behind Grupo Serza, a leading facility services provider with more than 20 years of strong presence in the Argentine market.
With the transfer of shares, all employees and customers will be transferred to the new owners on existing terms. Completion of the transaction took place on 30 January 2019.
7th February 2019