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Dalkia Ireland Investments Limited

LK Shields Solicitors acted for its long-standing client, Dalkia, in the sale of its integrated facilities management business in Ireland to MITIE Group plc.

Dalkia is one of Europe's leading companies in energy management, utilities and facilities solutions. Dalkia has retained its energy management, utilities, maintenance and lighting businesses on the island of Ireland.

In addition, and following this acquisition, Dalkia and MITIE will work together in a strategic partnership, drawing on the soft facilities management skills of MITIE and the hard facilities management skills of Dalkia.

Commenting on the transaction Pat Gilroy, Managing Director of Dalkia said that "the strategic alliance with MITIE will enable us to deliver a totally self-delivered energy and facilities service offering to our customers and add value to both organisations. This will provide us with a strong platform to effectively compete in the post-recession marketplace."

Gerry Halpenny, Partner in the Business Department, led the transaction with assistance from Jennifer McGuire, Associate Solicitor, and Jennifer O'Neill, Consultant.

July 2010.




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