Office & General (O&G) has revealed that it is now a part of the Tenon Group of companies, an Integrated Facilities Management Corporation based in India with more than 42,000 employees in operations across six countries in Asia and Europe.
Tim Hancock, chief executive of O&G since 2013, remains the leader of the business in the UK. Grae Scott and Jonathan Smith, the founders of the original business, sold their interests to Tenon and its holding company, the AIM listed Mortice plc, in an agreement reached during the summer of 2015.
Manjit Rajain, founder of Tenon in 1995 and the executive chairman of Mortice will be working closely with Tim Hancock as they seek to grow O&G’s facilities management operations – offering the complete range of hard and soft services including security, which has been at the heart of the success of Tenon.
Tenon established its reputation for excellent customer services with manned guarding, being independently rated by KPMG, EY and Deloitte as amongst the top four service providers in India and Asia. Tenon has grown steadily, moving into facilities management and now providing a range of services, including mechanical and electrical support, to multinational customers across Asia. Tenon had been seeking to expand into the UK for 18-months prior to agreeing the deal with O&G.
Tim Hancock, chief executive of O&G said:
“O&G and Tenon FM share the same commitment to customer service; the same can do attitude and we also work with many of the same customers in the UK and Asia, so it was clear from when we first began discussing a partnership that our respective organisations were an excellent fit. More importantly, we share the same values. We have some great ideas that our customers will benefit from and ambitions to grow our service offer and challenge the UK market. It is an exciting proposition and a great opportunity for everyone involved with O&G.”
Manjit Rajain, executive chairman of Tenon said:
“We want to build on the success of O&G and share our own experiences from different markets to help grow the business and really make an impact on the UK support services sector. For our wider business, the O&G acquisition is the first important step in delivering on our strategy of expansion for into key new geographies to complement our continued organic growth in areas such as India, Sri Lanka and Saudi Arabia. We remain focused on building a business that can continue to deliver sustainable profitable growth over the long-term and our entrance into the UK market with a well-established and profitable business like Tenon FM Group underlines our commitment to delivering this for shareholders.”