Veris buys services firm Orange

Property-services company Veris has acquired facilities-management company Orange.

Property-services company Veris has acquired facilities-management company Orange.

The deal is expected to cost the Irish company about £10.1 million in cash.

Orange, which last year generated nearly £1 million post-tax profits, provides integrated building and technical services, offering facilities management solutions.

It is expected that Orange will be integrated into Veris's facilities management division, Vector.

Luke Cassidy

Luke Cassidy

Luke Cassidy is Digital Production Editor of The Irish Times