OCS Group agrees £3.1bn takeover of facilities firm Mitie
- Location
- London · 🇬🇧 United Kingdom
- Sector
- Services
- Organisations
- OCS Group International Limited (OCS Group) ↔ Mitie Group plc
- Transaction
- Acquisition (recommended cash offer, scheme of arrangement)
- Volume
- 218.5p per share in cash plus final dividend of up to 3.1p (up to 221.6p); equity value about £3.1bn
- Status
- announced
UK facilities services group OCS agreed on 21 July 2026 with the board of FTSE 250 rival Mitie (about 84,000 employees, revenue £5.6 billion in the year to March 2026) a recommended cash acquisition at 218.5p per share plus a final dividend of up to 3.1p — equity value about £3.1 billion, a 46.8% premium. Completion expected in the first quarter of 2027, followed by delisting; the combined business would have about £8.5 billion in annual revenue (RNS/Investegate, 21 July 2026; Yahoo Finance/Reuters). Note: the transaction had not previously been recorded in the tracker.
Source: investegate.co.uk ↗ · Archived copy ↗
Evidence: one source · archived copy saved · second source missing (two-source rule) · How well sourced is Eurotrack?
More from: 🇬🇧 United Kingdom