Vattenfall is selling its German facility services operations to ISS Facility Services GmbH in line with Vattenfall’s consolidation strategy. The transaction is expected to be completed by 1 January, 2015.
The sale includes subsidiaries VSG GmbH (including its shareholding in TEGEMA GmbH) and Hanuman FO GmbH with a total of more than 500 employees.
A long-term service agreement regarding facility operations services has been concluded with the new owner and is valid for a period of five years.
The parties have agreed not to disclose the purchase price.
ISS Facility Services GmbH is a subsidiary of the Danish company ISS Global A/S.
Vattenfall discloses this information pursuant to the Swedish Securities Market Act.
From Vattenfall’s Press Office, telephone: +46 8 739 5010.
Vattenfall is a Swedish owned energy company with operations in Sweden, Germany, the Netherlands, Denmark, UK and Finland. Since 1 January 2014 Vattenfall has started to operate from two units: the Nordic region and UK/Continental Europe. Vattenfall’s vision s to create a strong and diversified European energy portfolio and to be among the leaders in developing an environmentally sustainable energy system.