Announced
Completed
Financials
Tags
Netherlands
accommodation
Construction Services
Private
Single Bidder
Majority
Friendly
construction
Acquisition
Cross Border
Completed
Synopsis
Adapteo, a flexible real estate provider, completed the acquisition of Dutch Cabin, a Dutch company specialized in adaptable buildings, from George Holding, a holding company, for €72m ($87m). "The acquisition of Dutch Cabin Group is a significant step in our expansion in Europe. Dutch Cabin Group has a strong track record of profitable growth and has a well-established network in continental Europe. With their strong management team and proven solution offering together with Adapteo's expertise in the public sector, we will create a strong foundation for growth in continental Europe," Philip Isell Lind af Hageby, Adapteo Group President and CEO.
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