Outsourcer Mitie has struck a £14 million deal to acquire a security business from Compass Group. Outsourcer Mitie has struck a £14 million deal to acquire a security business from Compass Group. It will see Mitie take control of Vision Security Group, which is described as a security services provider offering integrated “systems, manned guarding and key holding” support. Boss Phil Bentley said: “As a core part of Mitie, our security business has delivered a strong performance over the last three years, with sales growing by over 30%. Mitie is in the second year of an overhaul under Mr Bentley, who has outlined plans to eventually slash annual costs by £50 million by 2020.

Source: Irish Independent October 08, 2018 06:56 UTC