ISS moves into Singapore by buying Inbuilt which provides mechanical and electrical and building maintenance. With the acquisition ISS strengthen its position in the region.
ISS it self stresses that the acquisition moves the ISS into new business, which, among other things, turn on the lights over Singapore’s streets.
“ISS will have a number of exciting new skills and tasks, when we expand our business with Inbuilt’s services. We will be responsible come to stand for the maintenance of half of all street lighting throughout Singapore, and Singapore ISS will through this acquisition could offer customers the total facility services package, as they have demanded”, says Martin Gaarn Thomsen, Operations for Asia & Pacific.
He sees, among other things, the possibility of plus sale especially to the hospitals, where the ISS is a great player.
Inbuilt´s turnover last year was 75 million Singapore Dollars, and has a staff of employees of 300. The purchase will more than double sales in the ISS Singapore through organic growth and acquisitions in just three years, notify the ISS.