Announced
Completed
Financials
Tags
Acquisition
portable restrooms
Private Equity
Germany
Equipment Rental
Private
Majority
Friendly
Single Bidder
Completed
Synopsis
Funds advised by the global private equity advisory firm Apax Partners completed the acquisition of ADCO Group, the global market leader in the mobile sanitary unit sector. Financial terms were not disclosed. "We are very pleased to partner with Apax, who will support us alongside our existing shareholders in providing a long-term growth perspective for our company. This allows us to take the next step in developing our successful business model and investing even more in internationalisation and digitalisation. Together, we will lead ADCO into a prosperous future and continue to offer our customers innovative high-quality products and solutions, while also ensuring the company remains a great place to work for our employees," Renate Gerstenberg, ADCO Group CEO.
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