Joint venture with United Group in Turkey to accelerate business development in healthcare
The new company, which takes on the name of Rekeep, is 51% owned by Rekeep and 47% by United Group, while the remaining 2% is owned by GESIDI Engineering Architecture. Rekeep United will be active in the provision of technical-maintenance services, cleaning, plant management and logistics for the health sector.
Rekeep S.p.A. ) – which, as soon as the necessary company authorizations have been obtained, will assume the new company name of Rekeep S.p.A. – announces that it has reached an agreement for the establishment in Turkey of a joint venture with United Group, Turkey’s leading player in the field of integrated facility management, private security, professional cleaning services, automations, construction, training and technology.
The JV, called Rekeep United, is 51% owned by Rekeep, 47% by United Group, while the remaining 2% is held by GESIDI Engineering Architecture, a company that operates in the field of applied architecture. United Goup had a turnover of approximately € 60 million at December 31, 2017 and can count on over 4,000 employees.
Rekeep United will be active in the provision of technical-maintenance services, cleaning, plant management and logistics for the health sector. The JV unites two leaders in the integrated facility management sector with strong complementary skills and therefore aims to accelerate the business development of both companies in Turkey, being able to leverage on the one hand know-how and the expertise of Rekeep in the healthcare services sector, and on the other hand, leadership, reputation and presence in the local United Group market. On the basis of the agreement, therefore, the two Groups, through the joint venture, will share the respective knowledge and skills to develop synergies in the activities, expand the portfolio of services offered and submit joint offers in the tenders for the local health market, characterized by high growth prospects.
Rekeep United will be led by Danilo Bernardi, current CEO of Rekeep, who will take on the role of President, and Çetin Atmaca, as General Manager, and will be headquartered in Istanbul.
Giuliano Di Bernardo, Chairman and Managing Director of Rekeep SpA commented: “This agreement testifies to our determination to pursue a strategy that affirms Rekeep more and more as an international player and reference in the sector, with a strong presence in all those markets that ensure a future in our business. In fact, the expansion of the presence in Turkey is functional to our long-term growth and allows us to strengthen our offer and, in the future, to penetrate new neighboring markets. The joint venture will allow, in particular, to combine the high know-how in the health services of Rekeep, its excellence and innovation capacity, with the knowledge of the United Group’s Turkish market. The solid reputation, the strong local presence and the expertise of the management team make the United Group the ideal partner for business development in healthcare in Turkey. “
The transaction is part of Rekeep’s international development strategy through direct awards or corporate transactions, with particular reference to the Gulf countries and Europe, as well as other areas that could present interesting opportunities for the future development of the Group . In particular, this is a further goal in the strategy of the Development Group in Turkey, which is expected to grow rapidly, with double-digit growth in the near future. Furthermore, the operation is even more relevant as it follows the recent award in France of the European tender organized by SNCF, the National Company of the French Railways, concerning the supply of soft facility management services on the Montrouge lines, but above all the acquisition of the majority of the Turkish company EOS, active in the services of “wash-hand” and sterilization of linen and surgical instruments to support healthcare, which can count on a number of important orders in the portfolio, including the Okmeydanı Training and Research Hospital of Istanbul, Ataturk Training and Research Hospital of Ankara and the Integrated Health Care Campus of Mersin and Isparta, public-private partnership projects that are part of the investment program aimed at modernizing the Turkish health sector through the construction of tens of new hospitals.