+
SILA purchases Forbes Facility Services from the Shapoorji Pallonji Group
Real Estate

SILA purchases Forbes Facility Services from the Shapoorji Pallonji Group

Rushabh Vora, SILA's Co-Founder and CEO, announced that SILA purchased Forbes Facility Services from the Shapoorji Pallonji Group in an all-cash sale.

SILA's facilities management services division will have a stronger foothold in North India as a result of this purchase. This year, the merged firm is likely to generate over Rs 600 crores in income. This transaction cost SILA Rs 42 crore.

With over 100 million sq ft of real estate under management and 15,000+ workers across India, the merged company would be among the industry's largest Indian-owned service providers.

The Co-Founder and CEO said that they are confident in cooperating to gain from synergies across regions and sectors.

He said the experience of the new staff, along with their patented technology, SILA Connect, will allow them to grow quickly.

Vora added that this transaction will help them extend their portfolio in India's high-growth industrial, manufacturing, and warehousing sectors.

Vinay Deshmukh, CEO of Forbes Facilities Services, told the media that they have been a part of the Shapoorji Pallonji group, which offers a rich history of lineage, policy, and support.

He said they commit to carrying forth the concept of Friend For Life for their clients and stakeholders as a direct descendent of Eureka Forbes.

SILA has risen at a CAGR of over 60% during the previous decade. The company revealed that it would continue to develop at a rapid rate through organic and inorganic means.

Image Source

Rushabh Vora, SILA's Co-Founder and CEO, announced that SILA purchased Forbes Facility Services from the Shapoorji Pallonji Group in an all-cash sale. SILA's facilities management services division will have a stronger foothold in North India as a result of this purchase. This year, the merged firm is likely to generate over Rs 600 crores in income. This transaction cost SILA Rs 42 crore. With over 100 million sq ft of real estate under management and 15,000+ workers across India, the merged company would be among the industry's largest Indian-owned service providers. The Co-Founder and CEO said that they are confident in cooperating to gain from synergies across regions and sectors. He said the experience of the new staff, along with their patented technology, SILA Connect, will allow them to grow quickly. Vora added that this transaction will help them extend their portfolio in India's high-growth industrial, manufacturing, and warehousing sectors. Vinay Deshmukh, CEO of Forbes Facilities Services, told the media that they have been a part of the Shapoorji Pallonji group, which offers a rich history of lineage, policy, and support. He said they commit to carrying forth the concept of Friend For Life for their clients and stakeholders as a direct descendent of Eureka Forbes. SILA has risen at a CAGR of over 60% during the previous decade. The company revealed that it would continue to develop at a rapid rate through organic and inorganic means. Image Source

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code