(10 Sep 2024, 10:31)

Awfis to sell 'Awfis Care' to SMS Integrated Facility Services

For a consideration of Rs 27.5 cr

Awfis Space Solutions announced that it has entered into a Business Transfer Agreement with SMS Integrated Facility Services (SMS) (a Samara Capital company), for the divestiture of its Facility Management division – Awfis Care for a sale consideration of Rs. 27.5 crore. Maple Capital Advisors was the sole advisor to Awfis for this transaction which is expected to be completed within 120 days.

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Awfis to sell 'Awfis Care' to SMS Integrated Facility Services