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Operations  /  Coor in Sweden

Strategic acquisitions strengthen the business

Coor in Sweden made two acquisitions in 2021 that will broaden and strengthen the company. The market recovered during the year, which spurred renewed demand for facility management services from Coor’s existing customers and led to new contracts and the extension of existing contracts.

Value-adding acquisitions

Coor made two strategic acquisitions during the year: Veolia Technical Management, which strengthens Coor’s offering in technical property services and sustainability, and the cleaning company Inspira including its subsidiary Middlepoint, which gives Coor an increased customer base in central Sweden as well as an attractive arena and staffing business. Through these acquisitions, Coor had the pleasure of welcoming 1,650 new competent employees to the company – a valuable addition to Coor’s Swedish organisation.

Customer focus yields good results

A key focus area for Coor during the COVID-19 crisis has been to support its customers by adapting its deliveries to changing requirements. As more customers plan a return to the workplace, Coor has helped to ensure safe working environments. Cleaning was a strategically important service for many customers during the year and this is a service area that continues to grow.

Growth through new business and extended contracts

In the first quarter, Coor signed a new, large IFM contract with PostNord. Other new contracts include a security services contract with Borealis and a cleaning contract with Seco Tools. In addition to these, Coor signed a prestigious contract in food and beverages with a Swedish public authority. The IFM agreement with Sandvik Materials Technology was extended as was the cleaning contract with BAE, and Coor’s contract with GKN was renegotiated and renewed.

Magnus Wikström, Landschef Sverige

Magnus Wikström,
President Coor in Sweden

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Employee Motivation Index
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Customer Satisfaction Index