Johnson
Controls has finalised its previously announced seven-year contract
with Novartis for the delivery of integrated facility management and
infrastructure services at four sites across the healthcare company's
Basel, Switzerland headquarters (see News
story).
The contract is believed to be one of the largest outsourcing agreements
in Central Europe. Johnson Controls will deliver guaranteed savings
to Novartis and plans to retain every Novartis employee affected by
the agreement.
Approximately 900 Novartis staff, currently based in Basel, have already
transferred to Johnson Controls. For a two-year transition period, Novartis
will have minority holdings in a joint venture, Johnson Controls IFM
AG.
"The award of the Novartis contract strengthens Johnson Controls
base for the delivery of integrated facility management services in
Central Europe," said Mike Friedl, Chief Executive Officer, Johnson
Controls IFM AG. "We are excited about the level of talented people
that are joining us from Novartis. As our business grows in Central
Europe, these employees will have many opportunities for further career
growth with Johnson Controls."
Richard Byatt
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