Announced

Completed

GS Engineering & Construction completed the acquisition of Danwood from Enterprise Investors for €140m.

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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