Announced
Completed
Financials
Tags
Completed
Private Equity
Single Bidder
prefabricated houses
Private
Poland
Majority
Friendly
Acquisition
Construction Services
Synopsis
GS Engineering & Construction, one of the largest construction companies in South Korea, completed the acquisition of Danwood, a Polish manufacturer of turnkey prefabricated houses, from Enterprise Investors, a private equity firm, for €140m ($155m). „We strongly believe that under the new ownership Danwood has the potential to further strengthen its market position in Europe and reach for new markets outside the EU, becoming a global leader in the production of energy-efficient prefabricated houses,” Jarosław Jurak, Danwood President and CEO.
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