Danish World’s largest facilities service provider
Background
One of the world’s largest Facility Service providers, headquartered in Denmark with market presence in Europe, Asia, South America, and Australia and employee strength of more than 330,000 people was keen to enter the India market.
Approach
The facilities management sector in India is highly unorganized. TECNOVA advised this Danish client that setting up a Greenfield venture and recruiting staff would not give quick ROI to them. It thus recommended an India entry through Global acquisition. In keeping with the Danish company’s global strategy for aggressive inorganic growth, number of Global acquisitions was recommended. TECNOVA continues to identify targets and provides advisory and transaction services in the closing of these Global acquisitions.
