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Nýsir - A Subsidiary puchase 69% of shares in Operon   6.10.2006 10:24:08
News categories: Bonds news      Íslenska  English
Nysir UK Limited, which is a subsidiary of Nýsir hf

Nysir UK Limited, which is a subsidiary of Nýsir hf., has purchased 69% of the shares in the British facilities management company Operon (  The company has its headquarters in Harrogate, but has facilities management contracts in many parts of the UK.  The company operates many buildings and provides various support services, e.g. for Her Majesty’s Government, including the Ministry for Transport and the Foreign and Common­wealth Office, schools, hospitals, offices and laboratories. The company is also engaged in mechanical and electrical engineering, project management and construction management. The turnover of the company is estimated at 45 m GBP in 2006 and it employes about 800 people.  Other shareholders than Nysir UK are the 6 key managers of the company. Lands­banki Íslands assisted Nysir UK with financing the purcahse.  The purchase price is confidential


With the purchase of the majority shares in Operon, Nysir UK will stregthen its position on the UK market in PFI/PPP bids and in facilities management services. Nysir UK owns a few schools and office buildings which are leased to the governemnt with support services as well.


Further information is provided by Mr. Sigfús Jónsson, Managing Director of Nýsir hf., telephone 540-6380.