CEE REGION B+N Referencia buys CEE business of ISS

The transaction concerns the main subsidiaries of ISS Group in the Czech Republic, Slovakia, Romania and Hungary. In 2018, Copenhagen-based ISS Group announced plans to divest its businesses in 13 countries, including those subject to the current transaction. Its four major subsidiaries in the CEE region generate a total annual turnover of EUR 70 mln per year and have almost 4,000 employees. Globally, it employs almost 400,000 people. The facility management industry operates on a volume bas