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18 November 2018
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Mitie acquires Irish FM businesses from Dalkia

28 June 2010

Mitie Group has acquired integrated FM business DFM Providers from Dalkia in Ireland for around £10.3m.

DFM has two divisions, the FM business and also Dalkia Energy & Facilities.

The FM division of DFM will be renamed Mitie Facilities Management and the Dalkia Energy & Facilities division will be renamed Mitie.

They provide integrated FM solutions for a range of clients in both the public and private sectors, operating in a variety of industries including technology and communications, transport and logistics, manufacturing, utilities and finance.

The business had a turnover of £23.7m to 31 December, 2009, and a profit before tax of £1.15m. The assets of the two companies combined were £15.6m of which £8.8m related to intangible assets.

Integration costs are expected to be in the region of £1m.