Saturday, October 30, 2010

ISS Facility Services acquires Godrej HiCare

ISS Facility Services India Pvt. Ltd. (ISS) announces the acquisition of Godrej HiCare Ltd. (GHCL), a subsidiary of Godrej Industries.

Godrej HiCare is the leading service provider for pest control services in India and its acquisition grants ISS access to an extensive network and franchise base built by the Godrej HiCare across 18 cities. With this acquisition, Godrej HiCare will become a wholly owned subsidiary of ISS and will be integrated into the ISS brand. 

Commenting on the acquisition, Mr. Jolly Kochery, Country Manager, ISS Facility Services India Pvt Ltd. said, “We are pleased to announce the acquisition of Godrej HiCare as it is a strategic fit to our existing service portfolio. This acquisition will not only help us to fortify our presence in the Facility Service industry but will also help realize our vision of becoming the number one player in this segment. Despite the economic downturn, we feel that the Godrej HiCare business model has great intrinsic strength and will help us achieve our strategic objectives. Our international standards, global best practices and excellence in service delivery will ensure that we are well geared to meet the expectations of current and potential clients alike.”

Speaking on the occasion, Mr. A Mahendran, Director, Godrej HiCare Limited, “We have used our entrepreneurial spirit and sound management practices to successfully build the Godrej HiCare business in a short span of time. However, as a group we feel that for the business to realize its optimal potential, it needs to be scaled up by a player who has in-depth understanding of the sector. We believe that ISS, with its successful track record and presence across 50 companies globally, is poised to take this business to new heights in India.”

ISS is one of the world’s largest facility services provider and provides complete end-to-end solutions across cleaning and housekeeping, office support, catering, property and pest control services as well as integrated facility services. 
About Godrej Industries Ltd

Godrej Industries Ltd. (GIL) largely operates in the business of oleo-chemicals, edible oils, fats, processed foods, finance & investments and estate management. It has substantial interest in several industries including animal feeds and agro-products, poultry, rural retailing, property development, personal care, household insecticides, pest management services, branded tea, etc., through its subsidiaries, associate companies and joint ventures.

The Chemicals Division of Godrej Industries Ltd. is a leading manufacturer of oleochemicals like fatty acids, glycerin, fatty alcohols and surfactants. The Chemicals Division has manufacturing facilities at Vikhroli, Mumbai and Valia, Gujarat.

The Veg Oils division of Godrej Industries manufactures edible oils, vanaspati and bakery fats. The division has a state-of-the-art manufacturing facility at Wadala in Mumbai. The plant is equipped with the best of modern equipment for the processing and packaging of a wide variety of food products.

About ISS Facility Services India Pvt. Ltd

ISS Facility Services is part of ISS A/s group-founded in 1901-having turnover of US$16 Billion. ISS is one of the world’s largest facility services provider, with market presence in Europe, Asia, South America and Australia. ISS has its operations in 50 countries and aspires to Lead Facility Services globally with it’s more than 500,000 employees and more than 150,000 businesses -to- business customer.
The Indian operation commenced in August 2005 has more than three hundred B-2-B customers where Integrated Facility Services, Cleaning, Office Support services, Property services and Catering services are being successfully provided, helping the customer reduce costs and focus on their core business. The partnership evolves from ISS ability to combine people, methods and management
Today ISS has employed more than 14,000 employees. ISS takes pride in caring for its employees and educating them to excel in service delivery and management at well equipped training centers in India as well as through IFS Academy in Bangkok, which forms part of the ISS global University. Here many of on-site IFS managers and others acquire and develop the special skills needed.
ISS India offices are located in 18 cities across India including Mumbai, Bangalore, New Delhi, Gurgaon, Hyderabad, Chennai, Pune, Chhattisgarh, Aurangabad Indore and Kolkata.

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