Spectator on facebook

Spectator on facebook

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

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.

Robert Fico is not Saddam Hussein

It would take too long to list all the crazy distortions the international media presented about Central Europe and the Czech election campaign this week.

Babiš

Top stories from Last Week in Slovakia Video

Voters’ indifference affects regional votes - Can Slovaks be lured back from Britain? - Petit Press majority owner dies

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between October 20 and October 29, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

International Halloween Party