Canadian real estate firm BGIS has struck a deal to acquire a large portfolio of Carillion facility management (FM) contracts in the UK.

The deal will see the Ontario-based firm purchase a portfolio of UK contracts for the delivery of services in the hospital, education, justice, transport and emergency services markets.

As part of the acquisition, more than 2,500 former Carillion employees will join the company.

Gord Hicks, Chief Executive Officer of BGIS, said: "We are excited to welcome the more than 2500 Carillion employees that will join the BGIS team upon closing.

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"This deal provides continuity of services for a large number of customers providing critical infrastructure within the UK Market. Our team is looking forward to engaging both customers and employees in the days ahead to effect the transaction and ensure a smooth transition."

Mark Marquis, Chief Commercial Officer BGIS, said: "BGIS has a long-established track record of serving federal and regional government as well as large corporate clients and onboarding complex, multi-site contracts around the world.

"With this transaction, we look forward to building a large presence in the UK facilities management market and providing customers with the same industry leading service and capabilities that we do throughout the globe."

The deal is expected to close in the first quarter of this year.

(LM/MH)