BIFM withdraws from merger talks
28 Aug 2013
The British Institute of Facilities Management (BIFM) is to pull out of merger negotiations with Asset Skills, CSSA and FMA, it has announced.
The shock decision was taken at a BIFM board meeting last week when the potential merger was thoroughly reviewed.
The board took the decision to withdraw from the discussions as it was felt that the current merger plans were not in the best interests of the BIFM and its members.
Gareth Tancred, chief executive of the BIFM, said: "Right now it has been decided that we must focus on the delivery of our strategy and continuing our current success.
"This does not rule out any future discussions about merger and acquisition opportunities and nor does it rule out working with other like-minded bodies for the benefit of our members, the FM profession and the wider support services industry.
"Anything that serves to strengthen the representation of our industry and its services must be a good thing and BIFM wishes to support Asset Skills, CSSA and FMA and we look forward to working with them in their future endeavours. But we do not believe the involvement of BIFM in this merger is right for the institute at the current time."
Copyright Press Association 2013