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Acquisition of PORREAL Poland and Czech Republic

06.06.2019, 09:52

Acquisition of PORREAL Poland and Czech Republic

STRABAG Property and Facility Services (STRABAG PFS) has acquired PORREAL Polska and PORREAL Česko in a deal that strengthens its position in the European market and establishes it as a “Top 5” facilities management company in Poland.

The companies were formerly subsidiaries of PORR AG, which is withdrawing from the property and facility services sectors in both countries.

In Poland, PORREAL employs 83 staff who are responsible for delivering “hard” FM and technical services in commercial office properties in Warsaw.

The smaller, Czech Republic operation, has hitherto focused on the refurbishment and conversion of office premises but will benefit from STRABAG PFS’s expertise in providing multi-technical services.

 

Announcing the acquisitions, Thomas Birtel, CEO of STRABAG SE (STRABAG PFS’ parent company), said:

“Following the acquisitions of Caverion Polska and of the property management assets of CORPUS SIREO Real Estate GmbH of Germany within only a few months, we are now taking another step towards consolidating our market position in our core property and facility services business.”

CAMFIL HVAC Filtration Solutions

Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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