Big facility management firms merge VN arms

by 09 October 2018 Last updated at 08:59 AM

ADEN, a Pan-Asian facility management company, has agreed to acquire the Việt Nam subsidiary of international facility management company OCS to strengthen its leading position in the country.

ADEN acquires OCS to strengthen its leading position in the Vietnamese facility management market.

HCM CITY — ADEN, a Pan-Asian facility management company, has agreed to acquire the Việt Nam subsidiary of international facility management company OCS to strengthen its leading position in the country.

The transaction will also enable OCS to focus on its core markets. It is subject to regulatory approval.

Through this acquisition, ADEN will significantly enhance the integrated facility services it offers key account customers in the strategically important Vietnamese market.

“I am delighted that we have reached an agreement with OCS Group,” Joachim Poylo, ADEN Group Founder, said.

“ADEN has had a long-stated ambition of developing its presence in Việt Nam where our group was created in 1997. Both companies and teams share a similar culture and values. Together with OCS Vietnam, we are now in a stronger position to help our clients achieve their missions in Việt Nam.”

Henri-Charles Claude, managing director of ADEN Vietnam, said: “This acquisition will immediately create a strong technical services platform with the right size, strategic intersections, capabilities and innovative concepts.”

OCS Vietnam is a technical and hygiene services provider with major clients in Hà Nội, Đà Nẵng and HCM City.

Shanghai-based ADEN, which provides food service and security solutions in addition to maintenance, cleaning and integrated facility management, will become available to the clients of OCS in Việt Nam.

OCS Group employs more than 87,000 people around the world. — Khanh

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-26 14:47 UTC