The new business will provide facilities management services throughout Saudi Arabia, operating under the name Interserve Rezayat.
Rezayat has been providing support services - including total FM packages, housing and building maintenance - in the Middle East for over 50 years.
Interserve Rezayat will deliver integrated facilities management solutions throughout Saudi Arabia including technical, maintenance, operational and managed services as well as a range of general support services.
Adrian Ringrose, Interserve’s chief executive said: “Interserve has been operating in the Middle East since 1981 and we’re very excited to be entering the Saudi Arabian facilities management market in partnership with Rezayat at a time when the Kingdom’s economy is diversifying and evolving. Our organisations share similar values and we are committed to providing great customer service, and building on our reputation for excellence to ensure that Interserve Rezayat is a successful venture.”
Shakeeb Alireza, group general manager of the Rezayat Group said: “With the coming together of two market leaders in Support Services, Interserve Rezayat will provide a wide variety of world-class facilities management solutions to customers within the Kingdom.”
The Saudi Arabian facilities management market to be served by the joint venture, is expected to grow substantially over coming years.