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Serco Gropu plc Annual Review and Summary Financial Statement ...

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Klaus Tiemann was managing director of Elekluft <strong>and</strong> now heads<br />

<strong>Serco</strong> GmbH & Co. KG. He believes the <strong>Serco</strong> culture is ‘well suited to<br />

the service business in Germany – especially the way <strong>Serco</strong> people don’t<br />

just talk about their values but really live them.’ The outsourcing market<br />

is now taking off in Germany, he says, <strong>and</strong> ‘our access to relevant experience<br />

in <strong>Serco</strong> will help us to go for bigger opportunities’.<br />

BO N N 50.43 ˚ NORT H, 7.6˚ EAST<br />

ACQUI RED BUSI NESS : Elekluft Elektronik und Luftfahrtgeräte GmbH (Germany)<br />

A C T I V I T I E S: Services to German government <strong>and</strong> commercial sectors<br />

NOW TRA DING AS: <strong>Serco</strong> GmbH & Co. KG<br />

We acquired Elekluft from DaimlerChrysler Aerospace (DASA) in October 1999 <strong>and</strong> have reorganised<br />

it as <strong>Serco</strong> GmbH & Co. KG, with three divisions. Government Services will concentrate on opportunities<br />

arising from the German government’s desire for better value for money in central <strong>and</strong> local administration<br />

as well as the German Ministry of Defence (MOD). Current customers include the MOD <strong>and</strong> NAT O.<br />

Facilities Management will build on its service centre offerings in Southern Germany, where we provide<br />

a full range of technical <strong>and</strong> administrative services to customers from our sites. In addition, we will<br />

develop the services provided to major customers on their own sites. Our major customer is DASA.<br />

Service Support provides an extensive range of documentation, training <strong>and</strong> engineering services to<br />

manufacturing industry <strong>and</strong> will extend this portfolio to offer full ‘cradle to grave’ support. Customers<br />

include Ford <strong>and</strong> DaimlerChrysler. We see a bright future in Germany as we bring our expertise to<br />

a market which is in the early stages of contracting-out complex technical tasks.<br />

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