Buyer beware: look for CHSA
Accreditation Mark The rising cost of raw materials and energy is creating the perfect opportunity for unscrupulous providers of cleaning and hygiene products, says the Cleaning & Hygiene Support Association (CHSA).
Lorcan Mekitarian, Chair of the CHSA, explained: “Buyers of cleaning and hygiene products need to beware of providers offering low-cost solutions. Against the backdrop of the escalating cost of raw materials and energy, those reducing prices are likely to be cutting corners. The only way buyers can guarantee they get what they pay for is to look for the CHSA Accreditation Scheme mark.”
This warning follows the publication of the British Chambers of Commerce’s latest quarterly survey, published on 1 April 2022. It found almost two-thirds of businesses expect to increase prices during the next three months and more than three quarters cite inflation as a growing concern.
The dramatic escalation in the global cost of energy is having a big impact on the price to the end user. As well as affecting manufacturers’ own operations, it’s also driving up the cost of raw materials. The resulting upward pressure on the price of end products is unstoppable. In this context, companies offering reduced prices are likely to be compromising on product quality and quantity.
The CHSA established its first Accreditation Scheme ABM acquires Momentum Support
ABM, leading provider of integrated facility services and solutions, has completed acquisition of Momentum Support, headquartered in Dublin, Republic of Ireland, in an all-cash transaction.
Momentum is a leading independent provider of facility services, primarily janitorial, across the Republic of Ireland and Northern Ireland. Momentum generated annual revenue of approximately $70m in 2021 and has a workforce of 2300.
This acquisition is reflective of ABM’s ELEVATE strategy to grow via strategic acquisitions which expand the Company’s footprint in attractive geographies and end- markets. The addition of Momentum gives ABM access to Momentum’s blue-chip customer base and provides the opportunity to cross sell ABM services to existing ABM clients who also have a footprint in the Republic of Ireland and Northern Ireland.
Further, by acquiring Momentum, ABM increases its ability to serve clients in faster growing markets like technology and life sciences, many of whom maintain a significant presence in Ireland.
Scott Salmirs, President and CEO of ABM, said: “I am thrilled to welcome the Momentum team to the ABM family. Momentum is recognised as a customer-centric, award- winning provider of janitorial and associated services, as evidenced by their strong, long-standing client relationships.
“Many of our clients have substantial operations in the Republic of Ireland and Northern Ireland, making this transaction a great example of our ability and desire to grow with our core customers in attractive markets.
“With Momentum, we gain even greater capacity to deliver market-leading services and efficiencies in more locations to our existing client base. I am also excited that the well- respected Momentum management team, along with their results-driven culture, will be joining ABM to help us grow the business.”
Ian Anderson, who served as Momentum’s Chief Executive and will continue to lead the business within ABM as Managing Director for the region, added: “We are very pleased to be joining a world leader in facilities services. ABM is such a strong fit for us because our companies share the same values. Like ABM, we’re laser focused on complete client satisfaction, accountability, and providing a respectful and rewarding experience for our team members. This transaction provides the opportunity to launch our organisation into a bright future while continuing to serve our customers with excellence.”
Momentum’s results will be reported as part of ABM’s Business & Industry segment. In the transaction, ABM acquired the equity interests of three legal entities which together comprised Momentum Support. Terms of the transaction were not disclosed.
www.tomorrowscleaning.com WHAT’S NEW? | 21
in 1997. For manufacturers of soft tissue, the Scheme tackled the problem of the unscrupulous selling low- cost soft tissue products that were shorter or narrower than stated on the packaging. The CHSA’s auditing process, conducted by the Independent Inspector, guaranteed ‘what’s on the box is what’s in the box’ for all soft tissue products sold by Scheme members.
The CHSA now has six Accreditation Schemes: for manufacturers of paper-based products, of plastic-based products, of cotton-based products and of cleaning chemicals, for general manufacturers and for distributors. These, combined with the Association’s rigorous Code of Practice signed by every member, guarantee CHSA members:
• Trade ethically and sustainably; •
Provide quality, fit-for-purpose products; and
• Make sure ‘what’s on the box is what’s in the box’.
www.chsa.co.uk
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114
