Just days after the new President of South Africa, Cyril Ramaphosa was sworn in, international business confidence shows growth as Servest, the international facilities management provider, announced its acquisition in the Aktrion Group.
Johannesburg, Gauteng, 20 February 2018 – Just days after the new President of South Africa, Cyril Ramaphosa was sworn in, international business confidence shows growth as Servest, the international facilities management provider, announced its acquisition in the Aktrion Group.
Aktrion is a specialist company in the provision of bespoke manufacturing support services. The acquisition now sees the Servest Group’s annual turnover increase to, in excess of R16.40 billion globally and adds to the diversification of the company’s business strategy.
Servest’s interest in Aktrion stems from the higher value-added and specialist services that the provider offers. The acquisition enhances Servest’s global reach, building on the joint venture with Atalian and its stake in technology business Getronics.
“The transaction will enable Servest to play a leading role in the global manufacturing market, enabling further development of integrated solutions in printing, automotive, food and transport sectors”, says Servest South Africa’s CEO, Steve Wallbanks. “And importantly, it will allow us to grow our employee base and develop much needed scarce skills in the engineering sector”, he adds.
Servest prides itself on its transparent, innovative and partnership approach. It self-delivers value-for-money bespoke solutions to clients across all sectors, including retail, leisure, public, healthcare, education, commercial, construction, transport and logistics. Servest offers specialist services which can be bundled or integrated to suit clients’ needs.
Servest CEO, Rob De Groth
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