OCS announces recommended acquisition of Mitie

OCS has announced a recommended acquisition of Mitie, creating a UK-headquartered international facilities management group, subject to shareholder and regulatory approval.

The proposed deal would combine two of the UK’s largest facilities management businesses, bringing together complementary operations across sectors including government, defence, healthcare, national infrastructure, life sciences and commercial property.

According to OCS, the combined business would strengthen its ability to deliver specialist facilities management services while expanding its geographic reach and sector expertise. The enlarged group also plans to continue investing in technology, operational excellence and workforce development.

The acquisition remains subject to the conditions set out in the Rule 2.7 announcement, including approval from Mitie’s shareholders and the relevant regulatory authorities.

If approved, the transaction would create one of the largest UK-headquartered facilities management providers, with an expanded portfolio of services and increased capacity to support customers operating in complex and highly regulated environments.

Both companies have confirmed it remains business as usual while the acquisition progresses through the approval process.