Danish ISS acquires Ronesans Holding subsidiary


Established as a subsidiary in 2015 to operate the healthcare investments of Ronesans Holding, Ronesans Facility Management Company will be fully acquired by the Denmark-based facility services company ISS Facilities, according to a statement from the Competition Authority.

However, the announcement has been removed from the official website of the Competition Authority after a while and Ronesans Holding made no statement about the sales process. 

Ronesans Holding, one of the largest construction company in the country and ranked 23rd in the Engineering News-Record’s (ENR) Top Contractors List, considered as the international contracting league, is also known with city hospital construction projects across Turkey. Basaksehir Cam and Sakura City Hospital in Istanbul, Adana City Hospital, Bursa City Hospital, Elazig Fethi Sekin City Hospital, Yozgat City Hospital as well as the Physical Therapy and Rehabilitation, Psychiatry and High Security Forensic Psychiatry Hospitals have been among Ronesans Holding’s healthcare investments. Thus, the holding’s subsidiary Ronesans Facility Management Company has reached a total capacity of 9,500 beds and has become one the largest operators in the country’s healthcare sector with its support services.

On the other hand, the Danish ISS Facilities, which was founded in 1901, operates with nearly 500,000 employees in more than 30 countries, including Turkey, ISS provides support services to facilities such as cleaning, security, technical maintenance, catering, plant care and insect control. The company has Ankara, Bursa, and Izmir branches as well as regional offices in Adana, Gaziantep, Eskisehir and Denizli with over 40,000 employees in Turkey. ISS Facilities provides services to over 4,000 customers at 5,000 points in the country.

On a global scale, ISS Facilities has become the third largest employer in Europe and the fourth largest employer globally. The company’s global turnover totals TRY 96bn (DKK 69bn). The Danish Kikbi Invest, owner of LEGO, has a 17% share in the company, while funds such as the U.S.-based Blackrock and Vulcan Value and the UK-based Longview Partners Limited are partners of the company.

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