Service Matters Ltd acquired by German group

Roscommon town-based Service Matters Limited has been acquired by German services group, CWS International GmbH, after a deal was confirmed on Thursday last (September 30th) for an undisclosed sum.

CWS currently employs 11,000 people in 15 countries and generated a turnover of €1.2 billion last year. CWS International and its subsidiaries are owned by Franz Haniel and Cie. GmbH, which is headquartered in Duisburg, Germany.

Commenting on the acquisition, Clement Higgins, Managing Director at CWS Ireland, said: “We are happy to announce the acquisition of majority stake in Service Matters Limited. SML is a perfect fit to CWS business and contributes to our sustainable growth strategy. By combining our strengths and dedication to customer satisfaction, we offer the best of both companies to become the leading solution and service provider in hygiene services in Ireland.

“Additionally, I am pleased to announce that Vincent Collins, the founder of Service Matters Limited, will remain with the business. Together we will accelerate growth in the Irish hygiene market. We warmly welcome our 88 new colleagues throughout Ireland to the CWS Group”.

Established in 1997, Service Matters specialises in providing products and services to the hygiene, workwear, cleanroom, and facilities management sector.

Service Matters are currently headquartered in Roscommon town with depots in Dublin, Limerick, and County Tyrone.

The company’s founder, Vincent Collins, has said the deal will lead to greater investment and expansion of Service Matters which will prove beneficial to customers.

“We are thrilled to become a part of the CWS Group. The synergies and ethos of the two businesses in Ireland are a natural fit, and we look forward to working with our new colleagues in delivering a cleaner, healthier and safer tomorrow for our people and our customers,” he said.