H&M GROUP’S HVAC, FIRE, ELECTRICAL AND MULTI TRADE SOLUTION ACROSS ANZ

H&M Group Australia and New Zealand has entered into an agreement with Grosvenor Engineering Group (Grosvenor) to deliver multi trade maintenance services. H&M Group, consisting of the brands H&M and COS in ANZ, is driven by the desire to make great design available to everyone, in a more sustainable way. They offer fashion, design and services that inspire and enable people to express their style while making it easier to live more circular. The contract includes all building maintenance for HVAC, Fire, BMCS and Electrical assets including multi trades like handyman and plumbing services over a three-year period. Grosvenor will review H&M Group’s portfolio and drive year-on-year savings whilst providing further efficiencies and return on investment across its ANZ portfolio.

Victor Bokegård, Head of Facility Management at H&M Australia & New Zealand says “The contract set-up is an integral part of our strategy to streamline suppliers. This will enable a closer partnership, with the ability to develop and drive innovation together over the full term of the contract. As a partner, Grosvenor provide a complete service offering, proven experience in the retail market, and the ability to deliver a multi trade service solution to all our sites in Australia and New Zealand. We’re excited to have agreed on a business model, by bundling services and sites in a new ‘outside the box’ way, which will drive efficiencies throughout the market. H&M Group are convinced this will further enhance our Store & Customer Experience.”

Michael Brooker, National Manager of Business Development for Grosvenor, comments, “Compliance, self-delivery via resources in each region and true capabilities in asset lifecycle reporting, are the key elements required when maintaining any property. Our multi trade wrapped solution will ensure that H&M Group Australia and New Zealand increases business efficiencies and achieve their business objectives.”

He added “Our multi trade solution includes an equipment audit and asset validation by Grosvenor’s dedicated professional auditors. Our approach enables Grosvenor to make timely recommendations for repairs or improvements whilst treating upgrades as a secondary priority maintaining H&M capital budget in turn delivering wealth through strategic asset management.”

About H&M

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, & Other Stories, H&M HOME and ARKET as well as Afound. The H&M group has 52 online markets and approximately 5,000 stores in 74 markets including franchise markets. In 2020, net sales were SEK 187 billion. The number of employees amounts to approximately 153,000. For further information, visit hmgroup.com.