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OCS Group acquires Indian facility management company

Integrated facilities company OCS Group has bought a majority stake in India’s Absotherm Facility Management.

 According to VCCircle, OCS has invested about Rs. 125 core (£15.1) to pick 51 per cent stake in Absotherm.

OCS intends to strengthen its presence in Asia.

Absotherm currently focuses on hard facility management services for HVAC, electricals, electro-mechanical equipments, engineering equipments etc.

The company operates in 42 cities through six regional offices essentially servicing clients in the hotels, malls, IT parks and industrial establishments.