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.”

Top stories

News digest: Third wave is coming. President urges people to get vaccinated

President and the Catholic bishops encourage people to get Covid vaccine. More foreign countries classify Slovakia as green. Cabinet apologises for the infamous Moldava raid.


11 h
Illustrative stock photo

First Delta variant confirmed in Slovakia

The labs confirmed the strain in a positive sample from a person who returned from Russia.


17 h
Illustrative stock photo

One euro for every comment. Slovak company turns hate into love on social media

The first such campaign in Slovakia, though quite a popular technique abroad.


15 h
Roman Mikulec and Mária Kolíková presented the proposed document at the governmental session.

Cabinet apologised for the police raid in Roma settlement in 2013

The cabinet considers the apology a humanitarian gesture towards the victims and a commitment to avoid similar failures in the future.


14 h