History
1901 ISS was founded in Copenhagen, Denmark as a small security company with 20 night watchmen named Kjøbenhavn-Frederiksberg Nattevagt (Copenhagen-Frederiksberg Night Watch)
1934 ISS entered the cleaning business with the establishment of Det Danske Rengørings Selskab A/S (The Danish Cleaning Company) as an independent subsidiary of the security company
1946 The first geographical expansion outside Denmark: Swedish subsidiary established
1968 The company adopted the ISS name
1973 Overseas expansion started
1975 Group revenue reached DKK 1 billion
1977 ISS shares listed on the Copenhagen Stock Exchange
1989 The total number of employees in the Group reached 100,000
1997 Strategy “aim2002“ was launched. This strategy focused on Multi Services – selling a number of services to the same customer
1999 ISS acquired Abilis, the second largest European provider of cleaning and specialised services, in a DKK 3.6 billion acquisition, the Group’s largest ever. Abilis had about 50,000 employees and annual revenues of DKK 5.2 billion in 1998. The total number of employees in the Group reached 200,000
2000 A new five-year strategy “create2005“ was launched, introducing the Facility Services concept
2003 ISS’s first major pan-European Integrated Facility Services contract signed
2005 A new strategy was introduced aiming at a continuous transformation of ISS towards an Integrated Facility Services company. ISS A/S was acquired by funds advised by EQT Partners and Goldman Sachs Capital Partners, and de-listed from the Copenhagen Stock Exchange. The total number of employees in the Group reached 300,000
2006 Group revenue passed DKK 50 billion. ISS made the second-largest acquisition in company history, when acquiring the outstanding 51% of the shares in Tempo Services Ltd. in Australia
2007 Group revenue passed DKK 60 billion. ISS entered the US market through the acquisition of Sanitors Inc. The total number of employees in the Group reached 400,000
2008 Introduction of ISS’s strategy plan “The ISS Way”, which is built on four strategic cornerstones: customer focus, people management, the IFS strategy and a multi-local approach. ISS’s largest ever international Integrated Facility Services contract was signed
2010 Group revenue passed DKK 70 billion. The total number of employees in the Group reached 500,000.
2011 British security company G4S announces it will acquire Integrated Service Solutions in a deal worth £5.2 billion. The deal is later shelved, owing to shareholder unrest.
2012 Ontario Teachers' Pension Plan (Teachers') and KIRKBI Invest A/S make EUR 500 million investment in ISS .
Read more about this topic: ISS A/S
Famous quotes containing the word history:
“It’s a very delicate surgical operation—to cut out the heart without killing the patient. The history of our country, however, is a very tough old patient, and we’ll do the best we can.”
—Dudley Nichols, U.S. screenwriter. Jean Renoir. Sorel (Philip Merivale)
“There is nothing truer than myth: history, in its attempt to “realize” myth, distorts it, stops halfway; when history claims to have “succeeded” this is nothing but humbug and mystification. Everything we dream is “realizable.” Reality does not have to be: it is simply what it is.”
—Eugène Ionesco (b. 1912)
“Modern Western thought will pass into history and be incorporated in it, will have its influence and its place, just as our body will pass into the composition of grass, of sheep, of cutlets, and of men. We do not like that kind of immortality, but what is to be done about it?”
—Alexander Herzen (1812–1870)