Coor signs new IFM agreement with the Danish Police
Coor has signed a new six-year Integrated Facility Management (IFM) agreement with the Danish Police, Public Prosecution Authority and Prison and Probation Service. The assignment will start in September 2019 and has a total value of some SEK 2.5 Bn over the contract term.
The assignment on behalf of the Danish Police means that Coor will deliver restaurant services, cleaning, operations and maintenance to the Danish Police, Public Prosecution Authority and Prison and Probation Service across their about 450,000 m2 property holding in Denmark.
Coor has collaborated with the Danish Police since 2012. The new contract also includes the Public Prosecution Authority and Prison and Probation Service in Denmark. The contract, which comprises subscriptions and variable volumes, will increase by some SEK 150 m and is estimated to be worth over SEK 420 m annually in total. The contract runs for six years with an optional extension of an additional three years.
“This new IFM assignment implies continued positive growth for Coor in Denmark. The contract with the Danish government consolidates our position as the Nordic market leader in IFM,” commented Mikael Stöhr, President and CEO of Coor.
The Danish government’s decision is followed by a two week standstill period, during which unsuccessful bidders can challenge the decision.
More information, press images etc. are available at www.coor.com. For more information, please contact:
Mikael Stöhr, President and CEO, Coor
+46 10 559 59 35
Magdalena Öhrn, Communications Director, Coor
+46 10 559 55 19
This constitutes information which Coor Service Management Holding AB is required to publish un-der the EU’s Market Abuse Regulation. The information was submitted for publication through the above contact person on 11 April 2019, at 12:00 a.m. CET.
Coor is a leading provider of facility management services in the Nordics, focusing on integrated and complex service undertakings (IFM). Coor offers specialist expertise in workplace services (soft FM), property services (hard FM) and strategic advisory services for development of customers’ service activities. Coor creates value by executing, leading, developing and streamlining its customers’ service activities, ensuring that they provide optimal support to the core business over time. Coor’s customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, AB Volvo, Aibel, Det Norske Veritas, E.ON, Ericsson, EY, NCC, Politiet (Danish Police), Saab, Sandvik, SAS, Statoil, Telia Company, Swedish Transport Administration, Vasakronan and Volvo Cars.
Coor was founded in 1998 and is listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com