PHM Group’s market position in northern Germany strengthened by two acquisitions
The acquisition of Flensburger Objektservice GmbH und Kieler Gebäudeservice GmbH offers the opportunity to achieve local market leadership for PHM Group in Flensburg, Germany and to expand to Kiel and the surrounding area.
Both companies offer cleaning and gardening services as well as various maintenance services. The former owner Kay Thordsen acquired both companies over the past three years. Under his leadership, both companies have grown their turnover significantly as Thordsen has focused on developing strategy, processes, sales and financial controlling.
Kay Thordsen: “The decision to join PHM Group is a logical next step in my career. The role change from entrepreneur to manager position in a large group with entrepreneurial values offers me and 80 employees many new opportunities. As a next step, I look forward to becoming a local market leader together with my new colleagues and another PHM company in the Flensburg area, pur98100 Gebäudeservice GmbH”.
“We are pleased that Flensburger Objektservice GmbH and Kieler Gebäudeservice GmbH are now part of PHM Group, and we are looking forward to working together to expand PHM’s presence Germany’s coastal region,” says René Ermisch, CFO of PHM Deutschland GmbH.
For more information:
Michael Stucki, Country Director Germany, PHM Group, +41 793 468 367, michael.stucki@phmgroup.com
René Ermisch, CFO, PHM Deutschland GmbH, +49 40 298 007 240 rene.ermisch@phmgroup.de
