MPA Securitas Sold To ISS Facility Services

 


ISS Facility Services Co., Ltd has acquired 100% of the share capital of MPA Securitas Limited, a company with annual revenues approaching 400M Thai Baht.


      At the contract signing ceremony in Bangkok at the Pacific City Club, Mr. Theinsiri Theingviboonwong, CEO of ISS Facility Services Co., Ltd Thailand said he was delighted that MPA Securitas has chosen to join the ISS group.


      “The business is a perfect fit with our aspirations to extend our services portfolio and a very important element in the development of the ISS Thailand “Route 101” growth strategy. It is also an important cornerstone in the transformation of ISS Thailand in becoming an integrated facility services provider.” 


      He said the acquisition of MPA Securitas provides ISS Thailand with a significant platform entry into the security services market place and will be at the center of the company’s continuing growth and expansion of its “Office Support Services” operations.   


      Former owner of MPA Securitas Ltd Henrik Hansen, who will continue as CEO, said at the press conference: “MPA Securitas has had received several enquiries and invitations regarding possible mergers or acquisitions of late. However, at the end of the day, ISS stood out as the favorite choice when it came to finding a good and safe place for our staff to work, and adding the assurance of continued high quality services to our customers.”


    MPA Securitas was Thailand’s first professional security company commencing operations in 1962.  MPA provides manned as well as electronic security services throughout Thailand with headquarters in Bangkok and branch offices in Ayudthaya and Rayong, and operational hubs in Phuket and Chiang Mai.
     ISS Facility Services is a subsidiary company to ISS A/S, which has its head office in Copenhagen. ISS A/S operates in 43 countries, has more than 290.000 employees and more than 125,000 business-to-business customers.    


 


For more information on the ISS Group and the ISS Route 101 strategy please visit: www.issworld.com

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *