Announced
Financials
Tags
Acquisition
Private
affordable housing
Germany
Single Bidder
Friendly
Real Estate Services
Majority
Pending
Private Equity
Synopsis
Aermont Capital, an independent asset management compnay, agreed to acquire a majority stake in Wilma, a provider of affordable housing. Financial terms were not disclosed. “Wilma is looking forward to a new chapter in its corporate history after 80 years; Aermont as new shareholder brings with it the opportunity to significantly grow the existing business in multiple areas over the next period. We strongly believe that the know how and specific skillset of both parties provide a framework to create a leading residential real estate group,” Frank Maas, Wilma Europe CEO and shareholder.
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