OCS to buy FM rival Mitie
21st July 2026
UK: OCS has announced its proposed acquisition of facilities management rival Mitie in a deal worth up to £3.1bn.
The acquisition would create a group with combined revenues of £8.5bn, enhanced sector breadth and geographic reach.
According to OCS, the proposed combination “would create a UK-headquartered international facilities management group with broader sector expertise and geographic reach, bringing together two businesses with complementary strengths, a shared British heritage and an entrepreneurial spirit”.
OCS Group CEO Rob Legge described the deal as “an important milestone for both organisations and an exciting opportunity to bring together two highly complementary businesses”.
“Subject to completion, we would build a British facilities management group that is better positioned to support the organisations that keep the country running,” he said.
Mitie CEO Phil Bentley added: “This recommended offer reflects the strength of Mitie’s brand, capabilities and reputation, and delivers value for our shareholders. As part of a larger group with a wider geographical footprint, Mitie would have an even stronger platform to invest in our people, technology and services, and to do even more for the customers and communities we support. There is a process still to run and much to work through. Until completion, it is business as usual, and our focus stays firmly on delivering safely and reliably for our customers every day.”
Established in 1987, Mitie recorded revenue of £5,619m and operating profit of £264m in its latest accounts. Last year, the company acquired Blackburn-based refrigeration and air conditioning contractors Forest Group. Meanwhile, last year saw OCS acquiring the UK building services segment of US M&E company Emcor for around £190m.
OCS is a global facilities services business with 135,000 employees and 8,300 customers across the UK, Europe, APAC and Middle East regions.
