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Announced

Aermont Capital to acquire a majority stake in Wilma.

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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