Hampshire’s Serco acquires European immigration services firm in £39m deal
Serco, the Hook-based governmental services provider, has acquired ORS, a Swiss-based provider of immigration services in several European countries, for £39 million.
The acquisition brings ORS’s 30 years’ experience in the asylum and immigration process, which covers every step from initial country reception to orientation, care, community integration and repatriation, under Serco’s umbrella.
ORS’s 2,000 employees will add scale, reach and capability to Serco’s European operations. The firm reported a revenue for the year ending 31 December 2021 of £97 million.
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Rupert Soames, Serco Group Chief Executive, said: "We have a deep expertise in providing immigration services with care and respect.
“This strategic acquisition will enable us to work with and support government customers across Europe who have a continuous and growing requirement for immigration and asylum seeker support services.
“The acquisition will also support our objective of strengthening our European business, roughly doubling its size and increasing the range of services provided."
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