Alpina is a leading provider of government and public sector works, offering a comprehensive range of building solutions including, Integrated Building Services (IBS), Mechanical & Electrical engineering (M&E), and Alteration & Addition (A&A) Services.
Leveraging Alpina’s industry-leading expertise and capabilities, this acquisition supports Savills Singapore’s strategic objective to establish a fully integrated Property Management (PM), Integrated Facilities Management (IFM) and Facilities Services (FS) platform for Savills Singapore’s public and private clients. It builds on successful acquisitions made across the PM, IFM and FS space, including the acquisition of Absolute Maintenance Services (“AMS”) in 2022.
Mark Ridley, Group Chief Executive of Savills, comments: “Alpina advances our regional strategy to establish the most comprehensive integrated Property and Facilities Management platform in the Asia Pacific. We will be able to deliver the scale, technical depth and governance required for complex, multi‑year contracts.”
Marcus Loo, CEO, Savills Singapore said:
“We are delighted to announce the acquisition of Alpina, marking a significant opportunity for Savills Singapore to scale across the public and private sectors. Under its current leadership, Alpina has built a strong business in mechanical & electrical engineering, integrated building services, and alteration & addition services with a proven record in the public sector. This transaction significantly strengthens our PM, IFM and FS platform and continues our trajectory to build a robust recurrent revenue business. We welcome Alpina and look forward to this new chapter together.”