07:00 Mon 23 Aug 2021
MITIE Group PLC - Mitie sells Document Management business
Mitie Group plc
LEI number: 213800MTCLTKEHWZMJ03
Mitie sells Document Management business to
Swiss Post Solutions for
Mitie Group plc (Mitie or the Group) has today announced that it has entered into an agreement to sell its Document Management business to Swiss Post Solutions Limited (SPS) for
The deal is conditional on the completion of a TUPE consultation process with employees of Mitie Document Management and is expected to complete by the end of
Headquartered in
Following the completion of the transaction, document management services will remain an important part of Mitie's integrated facilities management (IFM) service offering to our clients, under a preferred supplier partnership with SPS, and the additional scale and expertise of SPS will enhance the range of document management services offered to Mitie's IFM clients.
The sale of Mitie's Document Management business continues the Group's strategy of realising value from non-core businesses whilst allowing reinvestment (such as the DAEL Telecom acquisition made earlier this month) in higher growth opportunities, underpinned by our 'Science of Service' technology in a post-COVID world.
"By joining forces with Swiss Post Solutions, the Document Management business will continue to grow and flourish, allowing Mitie to focus on our technology-led, Science of Service strategy in our core divisions.
"I would like to thank the Document Management team for their contribution to the Group, and we look forward to working with SPS to bring new innovation to our existing and future IFM clients."
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For further information
Group IR Director |
M: +44 (0)738 443 9112 |
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Head of Media Relations |
T: +44 (0)203 123 8716 M: +44 (0)790 027 6400 |
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About Mitie
Founded in 1987, Mitie's job is to look after places where
Mitie acquired Interserve's FM business in
The business continues to execute its technology-led strategy and in the past six months has received multiple awards.
Find out more at www.mitie.com.
About Swiss Post Solutions
Swiss Post Solutions (SPS) is a leading outsourcing provider for business processes solutions and innovative services in document management. A strong international client base relies on SPS' ability to envision, design and build end-to-end solutions and to be its trusted advisor for the key value drivers in BPO: location strategy, process optimization and technology, such as intelligent automation. Part of the Swiss Post Group headquartered in
For further information, please go to www.swisspostsolutions.com
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