CAMFIL HVAC Filtration Solutions
AustriaNewsSwitzerlandUnited Kingdom

Serco Acquires European Immigration Services Provider

Serco has announced the acquisition of ORS, a provider of specialist immigration services to public sector customers in Switzerland, Germany, Austria and Italy.

The business is to be acquired for a total consideration of up to CHF44 million (approx. £39 million).  ORS’s revenue for the year ended 31 December 2021 was CHF110 million (approx. £97 million).

ORS is a Swiss-based provider of immigration services in several European countries, with a 30-year track record across the asylum and immigration process from initial country reception to orientation, care, community integration and repatriation.  Its 2,000 employees and experienced management team will both add scale to our European operations and provide reach and capability to Serco’s position in immigration services, which is already one of our core sectors with large operations in the UK and Australia. 

Commenting on the acquisition, Rupert Soames, Serco Group Chief Executive, said: “We have a deep expertise in providing immigration services with care and respect.  This strategic acquisition will enable us to work with and support government customers across Europe who have a continuous and growing requirement for immigration and asylum seeker support services. 

“The acquisition will also support our objective of strengthening our European business, roughly doubling its size and increasing the range of services provided.”

Author

  • 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.

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.
Back to top button

We've noticed you are using an ad blocker

Advertising helps bring you fresh independent content. Please disable the adblock plugin or settings in your web browser to access the content you are trying to reach on www.fmindustry.com.