ISS exits four European markets

ISS announces divestment of activities in Czech Republic, Slovakia, Romania, and Hungary.

ISS has announced the successful divestment of activities in the Czech Republic, Slovakia, Romania, and Hungary.

The company’s operations in those four Eastern European nations have been purchased by B+N Referencia Zrt, a Hungary -based facility services provider.

Transfer of ownership is effective immediately upon the signing of the agreement, with the exception of ISS Hungary, which is subject to customary antitrust conditions.

Per the terms of the deal, all ISS customers and employees will be transferred to the new ownership under their existing terms.

Financial details of the sale were not announced.

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