OCS of the U.K., on Wednesday, announced plans to offer total facilities management services in the domestic market along with its four associate companies.
The associate companies, in which OCS has investment, have been providing services independently in different facets of facility management.
OCS, in a significant business integration initiative, will provide a total solution to clients who can avoid appointing multiple sub-contractors to maintain their premises. However, the associate companies are free to pick up clients, and provide standalone facility maintenance service.
Out of the four associates, OCS has a controlling stake in Absotherm Facilities Management (providers of engineering services such as AC maintenance and plumbing), and Radiant Hospitality Services (which is into housekeeping services). It has 50 per cent stake in Cannon Hygiene India, which is into hygiene and sanitation services. OCS also has 26 per cent stake in Central Investigation and Security Services.
Rs.200 cr investment
OCS said it had invested Rs.200 crore in these companies, which are part of the OCS group in India.
“India is a powerhouse in the global economy, and we reiterate our long-term commitment to this market through a single brand yet multiple business units. As Indian customers are seeking best value from outsourcing, we will be offering a fully-integrated back-office function coupled with a multi-service management team,” said OCS Group CEO Chris Cracknell.
“India will soon be a major contributor of our global turnover. We will also be sourcing talent from India for our operation in the Middle East,” said Heather Suksem, CEO, South Asia, Southeast Asia, Middle East, OCS Group.
The associate companies, with a combined revenue of Rs.300 crore, have major presence in southern and western parts of the country, and OCS will compete with several companies such as Jones Lang LaSalle.
