Mitie Group PLC — M&A Activity 2014

Mar 20, 2014

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RNS Number : 7291C

MITIE Group PLC

20 March 2014

20 March 2014

Mitie Group plc

Mitie awarded integrated FM contract with Network Rail

Mitie, the FTSE 250 strategic outsourcing company, has been awarded a renewed a contract to provide integrated facilities management (FM) for Network Rail, the UK's rail and network infrastructure provider.

The contract, with a total base value in excess of £75m over a five-year period, will see Mitie continue to deliver services across Network Rail's UK property portfolio.

Mitie will work at over 100 Network Rail buildings across Britain, predominately in the corporate office estate, including the main campus at The Quadrant:MK in Milton Keynes. 

Mitie will be responsible for delivering a comprehensive range of services including fabric and engineering maintenance, energy management, security, cleaning, mailroom & couriers, helpdesk, waste and pest services.

Mitie was awarded the contract extension based on its innovative and technology driven self-delivery capabilities, combined with a distinct cultural approach.

Ruby McGregor-Smith CBE, Chief Executive of Mitie, said:

"We are delighted to be building on our long-term strategic partnership with Network Rail and supporting them in delivering better value and efficiency across their business.

"Safety, reliability and efficiency are central to Network Rail's vision for Britain's rail infrastructure. We look forward to further developing a tailored and innovative FM strategy, and providing high quality services to support this vision."

Nigel Bunclark, Director Workplace Management at Network Rail said:

"After a competitive procurement process we are looking forward to continuing our relationship with Mitie under the new contract.  It is an opportunity to work together to advance our strategy of providing great workplaces that are value-for-money, fit-for-purpose and sustainable. 

"Mitie understands our vision to give our people efficient, effective and engaging workplaces."

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For further information, contact:

John Telling

Group Corporate Affairs Director, Mitie Group plc

T: +44 (0) 203 123 8673                   M: +44 (0) 7979 701 006 E: john.telling@mitie.com

Erica Lockhart

Head of Corporate Affairs, Mitie Group plc

T: +44 (0) 203 123 8179                   M: +44 (0) 7979 784 488  E: erica.lockhart@mitie.com 

Notes for editors

What is Mitie?

Mitie is a FTSE250 strategic outsourcing company.

We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for.

We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.

Find out more at www.mitie.com

This information is provided by RNS

The company news service from the London Stock Exchange

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