Logue Corporate assisted OCS, one of UK’s largest facility services companies, with their investment in an Indian security firm, Central Investigation and Security Services.
Bobby Logue of Logue Corporate said: “This was our first Mergers & Acquisition activity in Asia which opened our eyes to the opportunity of assisting UK businesses who are seeking to invest in Asia.”
Rod Holdsworth, the Group Finance Director of OCS said: “OCS focuses on building strong and enduring relationships and gaining a deep understanding of a business and its management team before making an investment. Logue Corporate played an important role, not only in making the initial introduction but also in helping to build the relationship and understanding on both sides, and resolve areas of potential contention that naturally occur along the way.
The number of people employed in various OCS Group operations in India is approximately 22,000 and OCS Group is focusing on job creation and skills enhancement of its employees.
Chris Cracknell, Chief Executive Officer, OCS Group, said, “India is a powerhouse in the global economy and the OCS Group has made a long-term commitment to this market through a single brand with multiple business units. As the economic forecasts indicate an increasing demand for core facilities management services as well as increasingly high expectations from the workplace, OCS Group aims to become the preferred FM partner. As Indian customers seek the best value from outsourcing, OCS Group can deliver international best practice through our expertise, systems and resources. We offer a fully integrated facilities solution coupled with a highly trained, multi-service management team using cutting edge delivery models and lean process engineering.”
“India will soon be a major contributor to our global turnover. The OCS Group family in India is already 22,000 people strong and we aim to double the size of our business and people employed over the next 5 years to deliver our double-digit growth strategy during this period. By offering professional training and providing gainful work we, at OCS Group, are creating sustainable solutions for Indian businesses and Indian citizens,” added Cracknell.
In August 2010 assisted OCS with the acquisition of the business of one of the UK Top 20 Security Company Legion Group Plc.