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Aiming to expand to the facility management market | TheGreekDeal.com
AKTOR GROUP
Aiming to expand to the facility management market
Aktor Group of Companies is aiming to acquire 30% of the facility management market through its new subsidiary, Aktor Facility Management (FM), according to the Chairman of the Board and CEO of the group, Alexandros Exarchos.
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Alexandros Εxarchou, Aktor

Aktor Group of Companies is aiming to acquire 30% of the facility management market through its new subsidiary, Aktor Facility Management (FM), according to the Chairman of the Board and CEO of the group, Alexandros Exarchos. The subsidiary aims to become a one-stop shop, covering all in-house needs, by proceeding with the acquisition of companies operating in the security and catering services sectors. 

NEW ACQUISITION

In addition to the acquisition of Oceanic Security, the group is close to completing the acquisition of a catering services business in the coming days, Exarchou said. He clarified that the group will acquire a majority stake rather than a full acquisition, adding that it is also looking at opportunities in security companies with the aim of having a full portfolio of facility management services. Investment for the direct acquisitions will amount to €21 million and will come from operating cash flows.

STAFF HOTELS

The group's interest is also turning to developing hotels to meet staffing needs, as it is currently doing in Mykonos and other regions.  LOGISTICS In addition, he said that he is also "talking something" in the logistics sector, and if this comes to fruition, this sector will be one of those he will be further involved in in the future.

AFFORDABLE HOUSING

Speaking about Prodea's €582 million acquisition of 56 properties, he said that the group's aim is not to become a developer but to generate flows through leases. 

CONTRACTIONS

Specifically in the concessions sector, he stressed that the group's interest lies in mature projects in order to facilitate the group's cash flows until the PPP projects it has undertaken mature.  He went on to point out that the group expects €7 billion of new public projects by 2025 and €35 billion of PPPs and concessions by 2030.

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