EMCOR Group to Sell UK Building Services Business to OCS Group for £190 Million

Reuters

Sep 24

EMCOR Group to Sell UK Building Services Business to OCS Group for £190 Million

EMCOR Group, Inc. has announced it has entered into a definitive agreement to sell its United Kingdom building services segment, EMCOR Group $(UK)$ plc, to OCS Group UK Limited. The transaction values EMCOR UK at approximately £190 million, or $255 million at current exchange rates. According to EMCOR, the sale was unanimously approved by the boards of both companies and is expected to close by the end of 2025. In fiscal year 2024, EMCOR UK generated approximately $425.5 million in revenue and $21.5 million in operating income. EMCOR stated it plans to use the proceeds from the sale to expand its core electrical and mechanical construction and services businesses in the United States.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EMCOR Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250924706568) on September 24, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The transaction values EMCOR UK at approximately £190 million, or $255 million at current exchange rates. According to EMCOR, the sale was unanimously approved by the boards of both companies and is expected to close by the end of 2025. In fiscal year 2024, EMCOR UK generated approximately $425.5 million in revenue and $21.5 million in operating income. EMCOR stated it plans to use the proceeds from the sale to expand its core electrical and mechanical construction and services businesses in the United States.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EMCOR Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250924706568) on September 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EME","symbol_name":"Emcor Group Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250924:nNDL4szDbl:1","article_id":"2569701805","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2569701805","pubTimestamp":1758717034,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"EMCOR Group, Inc. has announced it has entered into a definitive agreement to sell its United Kingdom building services segment, EMCOR Group  plc, to OCS Group UK Limited. The transaction values EMCOR UK at approximately 190 million, or $255 million at current exchange rates. According to EMCOR, the sale was unanimously approved by the boards of both companies and is expected to close by the end of 2025. In fiscal year 2024, EMCOR UK generated approximately $425.5 million in revenue and $21.5 million in operating income. EMCOR stated it plans to use the proceeds from the sale to expand its core electrical and mechanical construction and services businesses in the United States.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EMCOR Group","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EME":"Emcor Group Inc","BK4129":"建筑与工程","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV"},"translate_title":"EMCOR集团将以1.9亿英镑将英国建筑服务业务出售给OCS集团","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EME":0.9},"content_text":"EMCOR Group to Sell UK Building Services Business to OCS Group for £190 Million\n    \n\n        EMCOR Group, Inc. has announced it has entered into a definitive agreement to sell its United Kingdom building services segment, EMCOR Group $(UK)$ plc, to OCS Group UK Limited. The transaction values EMCOR UK at approximately £190 million, or $255 million at current exchange rates. 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