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Coor extends larger agreement

One of Coor´s clients has chosen to extend its agreement with Coor regarding delivery and development of a number of FM services to the client´s operations in Sweden. The contract consists of fixed subscription volumes just over SEK 60 m annually, and potential additional variable assignment volumes. The contract spans over two years with an option to extend the contract for a further two years.

One of Coor´s clients has chosen to extend its agreement with Coor Service Management (Coor) regarding delivery and development of a number of FM services to the client´s operations in Sweden. The contract consists of fixed subscription volumes just over SEK 60 m annually, plus potential additional variable assignment volumes. The contract spans over a period of two years with an option to extend the contract for a further two years.

After a long period of cooperation with Coor, the client has decided to extend the contract for a further contractual period. The services include workplace services and property services, such as real estate operations, building maintenance, external environment, cleaning, surveillance, mail management, reception, telephone switchboard and janitorial services.

“We are delighted of this extension. Our ambition is to continue to develop the services we deliver in close collaboration with the customer, so that they support their core business optimally” commented Mikael Stöhr, CEO and President of Coor Service Management.

The agreement is effective from January 1, 2016.

The information is disclosed pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication on October, 12, 2015 at 08:00 CET.

More information, press images etc. are available on www.coor.com. For further information, contact :

Mikael Stöhr, President and CEO,
Coor Service Management,  +46 10 559 59 35, mikael.stohr@coor.com

Ulf Wretskog, President,
Coor Service Management in Sweden, +46 10 559 59 40, ulf.wretskog@coor.com

Åsvor Brynnel, Sustainability and Communications Manager,
Coor Service Management, +46 10 559 54 04, asvor.brynnel@coor.com