Serco has increased its bet on German demand for immigration services with the acquisition of private provider European Homecare for €40mn, as the outsourcer forecast increases in revenue and profit. The deal is the London-listed contractor’s second in continental Europe in just over a year, after it bought Swiss immigration services company ORS in September 2022, which also operates in Germany. On Thursday Serco chief executive Mark Irwin said European Homecare “would complement our ORS operations” and give it a stronger foothold in Europe.

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