1st Oct 2013 08:55
LONDON (Alliance News) - MITIE Group PLC, the strategic outsourcing company, Tuesday said that it has been awarded a GBP38 million waste management and cleaning contract with UK pub-and-restaurant operator Mitchells & Butlers PLC.
MITIE said that the new three-year contract builds upon the two companies' existing relationship.
The group said that under the agreement, it will provide recycling and environmental services at 1,600 Mitchell & Butlers restaurants and pubs across the UK, including Harvesters, All Bar One and O'Neills's. It said that it also will deliver cleaning at 650 establishments, standardising service levels across the estate.
MITIE shares were down 0.4% Tuesday morning, trading at 294.60 pence per share, while Mitchells & Butlers shares were trading at 409.50 pence per share, down 0.4%.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Mitchells & ButlersMitie