Market position strengthened through company takeover
ISS Facility Services AG has acquired gammaRenax AG from Dübendorf. The new acquisition is intended to strengthen the ISS Group's market position in Switzerland. Severin Gallo from gammaRenax joins the Board of Directors of ISS Facility Services.
GammaRenax AG is moving under the umbrella of ISS Facility Services AG in Zurich. The Dübendorf-based company will operate under the ISS brand in future, the Swiss subsidiary of the globally active ISS Group for property management and facility management, headquartered in Copenhagen, announced in a press release. No details of the purchase price are provided in the press release.
“The acquisition of gammaRenax AG represents an important expansion of our competences and a strengthening of our market position”, André Nauer, CEO of ISS Switzerland, is quoted as saying in the press release. “Like ISS Switzerland, gammaRenax stands for quality, customer focus and professionalism.” The new acquisition is intended to expand ISS Facility Services AG’s range of services for hotels and hygiene management for spa and wellness areas, as well as training and further education.
Severin Gallo, former owner and Managing Director of gammaRenax AG, will join the Board of Directors of ISS Facility Services AG as part of the takeover. “Severin Gallo is a recognised expert within our industry and one of the leading figures who has shaped the facility services sector over the last 27 years,” explains Nauer. “By joining our Board of Directors, he will also be strategically committed to professional integration and will also provide strategic consulting services.”