Announced

Completed

Atlas Holding completed the acquisition of Permasteelisa from Lixil.

Synopsis

Atlas Holding, a private investment and equity firm, completed the acquisition of Permasteelisa, a global contractor in the engineering, project management, manufacturing, installation and after-sales services of advanced building facades, architectural envelopes and interiors, from Lixil, a Japanese manufacturer of building materials. Financial terms were not disclosed. “We could not have found a better partner to strengthen our company today and build a brighter future than Atlas Holdings. Our clients trust us to get the job done quickly and flexibly, wherever a project demands, and Atlas’ global footprint and directly relevant experience in the construction and manufacturing arenas is a perfect fit. Most importantly, they have a long-term focus and share our core values; a commitment to environmental stewardship, employee safety and delivering superior customer service. Our team is thrilled to begin working with Atlas," Klaus Lother, Permasteelisa Group Chief Executive Officer.

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