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ABM Industries acquires capital from Control Holding Group

May 14, 2009
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NEW YORK — Building service contractor (BSC) ABM Industries Inc. recently purchased assets controlled by Control Holding Group Inc., according to a press release.
The assets include: Control Building Services - Northeast Janitorial Services Division; Control Engineering Services Inc.; and TTF Inc., the release stated.
ABM hopes the acquired assets will generate upwards of $50 million in annual revenue by providing a range of facility maintenance and engineering services to commercial, retail, institutional and pharmaceutical clients, the release noted.
Scott Salmirs, executive vice president of ABM Janitorial Services - Northeast, said: "We are pleased to expand ABM''s strong service presence in these key markets and to bring a talented and dedicated group of employees to the ABM team. This transaction allows us to continue to lead the New Jersey and New York markets in delivering high-quality facility services to an even broader base of commercial, institutional and pharmaceutical clients."
More than 1,000 employees are expected to join ABM and bolster its Northeast and Mid-Atlantic presence with the acquisition, the release added.
Click here to read the complete release.
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