Interserve secures £200m HSBC facilities deal

Interserve has won a £200 million facilities management with HSBC and is commencing service delivery today. In a three-year agreement, which has a potential two-year extension, Interserve will deliver facilities services at over 1,600 retail and 120 office sites across the UK, Channel Islands and the Isle of Man.

The group said this is one of the largest such contracts in the UK. Adrian Ringrose, Interserve's Chief Executive‘The point at which we begin service delivery is always an exciting moment...but in the case of HSBC it is even more so than usual...The size of the contract, the number and variety of incumbent suppliers and the fact that we are going further with this client than anyone else has previously all add to the challenge."

‘We are confident that the complex preparations we have undertaken have laid the foundations for the improved service, reduced cost and enhanced business processes that HSBC needs,’ he added.