PHM Group

Today we released our Interim Report for January-September 2024. An operationally successful third quarter was complemented by the completion of the acquisition of DEAS A/S in Denmark. The full report is available on our website: https://lnkd.in/e3hz7mre #phmgroup #phm #interimreport #Q3 #alwayslocalneveralone

This week we gathered in Västerås, Sweden for the annual PHM Key Employee Event. Nearly 250 participants from all our six countries, numerous interesting groupwide and country-specific presentations on topics such as strategy, growth and our digital future, and lots of networking and meeting new colleagues in a great setting made possible by The Steam Hotel. "It always makes me very glad and proud when seeing our people together, enjoying each other's company and discussing the future path of PHM," says Ville Rantala, Group CEO.   We are delighted and proud of the development of our company and what a great community we have grown into. This will be a great opportunity to continue executing our strategy across the Group - in different countries and in the nearly 200 local companies and with over 13,400 employees of PHM Group. We are always local but never alone. #phmgroup #phm #event #propertyservices #alwayslocalneveralone

As a continuously growing company, we develop our operations in a variety of ways. In addition to the Group's joint development projects, we are also accelerating growth at country level. One excellent result of our country-level development projects is a new residential cleaning service concept launched in Finland called PHM Aski. More than 100 people from various local companies have been involved in the development of residential cleaning services. We have brought together our best practices and created common ways to deliver high quality and responsible cleaning services for residential properties. More information in Finnish is now available at: https://www.phmaski.fi/ #phmgroup #cleaning #development #alwayslocalneveralone

The following appointments have been made to the PHM Group Management Team. Michael Stucki, Country Director for Switzerland and member of the Group Management Team, has been appointed Country Director also for Germany as of 1 September. Andreas Westin has moved to a new position outside the company. Petri Pellonmaa, CFO of PHM Group, has been appointed Acting Country Director for Sweden. He will continue as Acting Country Director until a successor of Andreas Westin is appointed. “I would like to thank Andreas for his outstanding contribution at PHM Group. I wish him good luck and success for the future. At the same time, I am very pleased that Michael will also take over the role of Country Director for Germany. I believe that under his leadership we will be able to further strengthen and develop our business in the Central European market,” says Ville Rantala, Group CEO. ➡ Meet the entire Group Management Team here: https://lnkd.in/d2p_gn6c

Our great growth continues as PHM Group Holding Oyj reported in its Half-year Report published last week LFL revenue more than EUR 1 billion and improved profitability. The second quarter was operationally successful, as PHM achieved continued revenue growth and improved profitability. M&A activity increased significantly again in the second quarter of 2024, with PHM making ten acquisitions in the second quarter of 2024. Two of them were strategically significant acquisitions: the acquisition of the Real Estate Services business of Investis Group, which saw PHM expand to Switzerland, and the acquisition of DEAS Real Estate Services from DEAS Group, which significantly strengthens PHM’s position in Denmark. We are delighted to share the full report on our website: https://lnkd.in/e3hz7mre

PHM Group has appointed Michael Stucki as CEO and Country Director of PHM Switzerland and a member of the PHM Group’s Management Team as of 1 July 2024. Michael Stucki is currently CEO of Investis Group’s Real Estate Services business, which is now part of PHM Group. He has solid experience in leading property services as CEO of multiple subsidiaries of Investis Group’s Real Estate Services business. “I warmly welcome Michael to lead our Swiss operations and to join the Group Management Team. I look forward to continuing our growth story in Switzerland and believe that Michael’s experience and expertise will enable us to strengthen our position in the Swiss market,” says Ville Rantala, Group CEO of PHM Group. “Our entire team is delighted to be part of PHM. We look forward to achieving new successes together with PHM. Together we will continue to expand our presence in Switzerland,” says Michael Stucki.

PHM Group expands to the geographical center of Germany. PHM Deutschland GmbH has acquired Schöne Gebäude-Reinigung GmbH and Schöne & Co. Tech GmbH (together "SCHÖNE”), both based in Kassel. In addition to the main service portfolio of cleaning and maintenance, provided by Schöne Gebäude-Reinigung GmbH, Schöne & Co. Tech GmbH provides electrical engineering and related activities. We warmly welcome both companies to the All-stars in local property service! Read more: https://lnkd.in/duRTU3KD #phmgroup #phm #acquisition #alwayslocalneveralone

PHM Group expands into Switzerland by acquiring the Switzerland-based Investis Group's subsidiaries in its Real Estate Services business. The subsidiaries in question provide property management and maintenance services for residential and commercial properties in Switzerland. The acquisition supports PHM Group's growth strategy in Central Europe. "We are very pleased to expand into a new market and make Investis Group's property services companies part of PHM Group. The acquired companies have a very similar corporate culture to that of PHM Group: we operate close to the customer with local companies and brands. This acquisition will make us one of the leading providers of property services for residential properties in Switzerland and provide us with excellent experience on carrying out successful acquisitions in the local market," says Ville Rantala, CEO of PHM Group. As part of PHM Group, Investis Group’s former property services business will continue to operate as before. Read more: https://lnkd.in/d7a9nnXF #phmgroup #phm #acquisition #alwayslocalneveralone 

We welcome our new PHM partner in Finland to join us! PHM Finland Oy has acquired the share capital of Rauman Pihapojat Oy. Rauman Pihapojat offers a wide range of property and outdoor maintenance and cleaning services to housing companies as well as inspections, maintenance and commissioning plans for civil defence shelters. Read more: https://lnkd.in/dQkyS_7w #phmgroup #phm #acquisition #alwayslocalneveralone

PHM Group acquires DEAS Real Estate Services (DEAS A/S) from DEAS Group, which significantly strengthens PHM’s position in Denmark. "We are delighted to start our journey together with DEAS A/S. This acquisition, which is in line with our strategy, strengthens our position as a provider of residential property maintenance and management in Denmark, and we see many advantages in the transaction. Both companies are strongly committed to developing customer satisfaction and tailor-made solutions. Together we will be able to offer our customers a comprehensive range of property maintenance and management services throughout Denmark," says Kasper Bygholm, CEO of PHM Denmark. DEAS A/S is a leading property service and consultancy business with over 30 years of experience. On behalf of private and institutional property investors, DEAS A/S provides financial and technical real estate management and ancillary services for a portfolio of over 2,000 properties located throughout Denmark. The acquisition is expected to be completed during the second or third quarter of this year. The transaction is subject to approval by the Danish Competition Authority. Read more on our website ➡ https://lnkd.in/dCKGZVSE #phmgroup #phm #acquisition #alwayslocalneveralone