EMCOR (EME) has entered into a definitive agreement to sell EMCOR Group UK plc, the United Kingdom building services segment, to OCS Group UK for $255 million at current exchange rates. The transaction is expected to be accretive to EMCOR's operating margin profile.
"With the sale of EMCOR UK, we are accelerating our 'local execution, national reach' strategy to further focus our business across our large, diverse and attractive end markets in the United States, where we continue to see significant opportunity," said Tony Guzzi, Chairman, President and CEO.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.