Vattenfall sells German facility services operations

Vattenfall is selling its German facility services operations to ISS Facility Services GmbH in line with Vattenfall’s consolidation strategy. The transaction is expected to be completed by 1 January, 2015.

The sale includes subsidiaries VSG GmbH (including its shareholding in TEGEMA GmbH) and Hanuman FO GmbH with a total of more than 500 employees.

A long-term service agreement regarding facility operations services has been concluded with the new owner and is valid for a period of five years.

The parties have agreed not to disclose the purchase price.

ISS Facility Services GmbH is a subsidiary of the Danish company ISS Global A/S.

Vattenfall discloses this information pursuant to the Swedish Securities Market Act.

From Vattenfall’s Press Office, telephone: +46 8 739 5010.

  
Vattenfall is a Swedish owned energy company with operations in Sweden, Germany, the Netherlands, Denmark, UK and Finland. Since 1 January 2014 Vattenfall has started to operate from two units: the Nordic region and UK/Continental Europe. Vattenfall’s vision s to create a strong and diversified European energy portfolio and to be among the leaders in developing an environmentally sustainable energy system.

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Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see www.vattenfall.com. The media service section, including a picture archive and Vattenfall’s press releases, can be found under News & Comments.

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