Otium, a leading provider of hospitality and leisure cleaning services, has announced the successful acquisition of the assets and contracts of CEBU Facilities Ltd. This acquisition represents the next stage of Otium’s strategy and development, as it further strengthens its position in the industry.
The contracts that have been acquired are required within the hospitality and leisure industry, and they sit perfectly within Otium’s current portfolio. The acquisition will allow Otium to expand its service offerings and enhance its capabilities to meet the evolving needs of its customers.
As part of the acquisition, all current staff of CEBU Facilities Ltd will be merged into Otium, and we are excited to welcome them onboard. Their expertise and experience will be a valuable addition to the Otium team and will further strengthen our ability to provide the highest quality services to our customers.
“We are thrilled to have acquired the assets and contracts of CEBU Facilities Ltd. This acquisition is in line with our strategic growth plans and will enable us to expand our offerings to better serve our customers,” said Paul Rafferty, CEO at Otium. “We look forward to welcoming our new team members and working together to deliver exceptional services to our customers.”