MP Facility SpA is specially created for the outsourced management of the facility management activities of the Telecom Italia Group (plant and property maintenance, environmental hygiene, management of removals and transport services, green maintenance). The new company will provide facility services for more than 7.5 million square meters of real estate.
MP Facility SpA, (50% owned by Manutencoop and 50% by Pirelli RE Facility Management) was created through the transfer of the facility management branches of Telecom Italia and Emsa (Telecom Italia Group).
The operation was completed last week with the signing of a six-year contract, with a 3-year extension option, for the provision of facility services for all of Telecom Italia’s real estate assets with an overall surface area upwards of 7.5 million square metres (including 2.3 million square metres of office space) and more than 5,000 metallic assets (repeaters, masts, towers and containers).
For the importance of the companies involved, the operation represents an innovation for the development of the Italian facility management market, as in the most evolved foreign countries. MP Facility SpA is the fruit of a major joint venture between the two largest Italian operators in the sector: Manutencoop and Pirelli RE Facility Management. Their joint shareholder value and the amalgamation of their respective, complementary competences will not only allow MP Facility SpA to achieve the optimisation of the range of services offered to Telecom Italia but will also lead to a subsequent development on the market of services for third parties.
MP Facility SpA will also benefit from widespread territorial coverage, with 20 branch offices. The company’s legal and administrative headquarters will be based in Milan; the president is Mauro Masi, the managing director is Andrea Matteoli, the general manager is Pasquale Giuliani.
Source: Pirelli RE