FOCUS SHORT

Penta acquires Polish FM firm

PENTA, a central European investment group, has expanded its business in comprehensive administration and maintenance of buildings, i.e. facility management or FM, by adding cleaning services. In early February it announced its acquisition of a leading cleaning services provider in Poland, Clar System. By acquiring AB Facility in the Czech Republic in December 2010, Penta said it is pursuing a strategy of consolidation in the FM sector in central Europe. The transaction is subject to approval by Slovakia's Anti-Monopoly Office and its value will not be disclosed, Penta said on its website.

PENTA, a central European investment group, has expanded its business in comprehensive administration and maintenance of buildings, i.e. facility management or FM, by adding cleaning services. In early February it announced its acquisition of a leading cleaning services provider in Poland, Clar System. By acquiring AB Facility in the Czech Republic in December 2010, Penta said it is pursuing a strategy of consolidation in the FM sector in central Europe. The transaction is subject to approval by Slovakia's Anti-Monopoly Office and its value will not be disclosed, Penta said on its website.

Poznań-based Clar System was founded in 1999 and currently employs 4,000. Its revenue of €18 million in 2011 representated 24-percent year-on-year growth.

“In Poland, we reviewed several potential acquisition targets in the facility management sector and finally opted for Clar System,” said Zdeněk Kubát, Penta’s investment director. “It is a company with an excellent track record, solid coverage across Poland and a diversified portfolio of clients allowing for further growth in terms of scale as well as scope of offered services.”

Get daily Slovak news directly to your inbox

Top stories

Testing is impossible to carry out as planned, president says

President Zuzana Čaputová asked the government to reconsider measures for people who do not get tested, many will not get a chance.

President Zuzana Čaputová met with the representatives of the armed forces.

The big test is upon us. What are we to do?

For a foreigner living in Slovakia, there is yet another concern.

Health care professionals still lacking ahead of Saturday's testing

Government avoids mobilisation for now, PM offers an extra bonus to health care professionals who can serve the whole weekend.

Dolný Kubín

News digest: Who will take the swabs?

The government offers hundreds of euros to health care staff for testing. Curfew ends on Saturday for some. Take a look at testing sites and more.

PM Igor Matovič helped with testing in Tvrdošín.