Mitie Group is set to be acquired by OCS Group in a recommended all-cash deal valuing Mitie at up to 221.6 pence per share, implying a premium of roughly 40-47% and valuing Mitie at about £3.1 billion. The transaction would be implemented via a Scottish court-sanctioned scheme of arrangement and requires shareholder approval and regulatory clearances, with completion targeted for early 2027. The combined UK-based facilities management group would aim to deliver about £8.5 billion in annual revenue and expand its geographic reach and sector expertise across government, defence, healthcare, national infrastructure, life sciences, and commercial markets. Mitie’s board has unanimously backed the deal, and key shareholders have provided irrevocable undertakings; Mitie’s CEO has framed the offer as a way to accelerate growth, technology investment, and service delivery under a larger platform. The deal emphasizes technology and data-enabled solutions, workforce development, and synergies from integrating Marlowe and other contracts, while analysts note potential benefits alongside risks like debt and margin pressure.