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New Deal


Announced

Completed

Adapteo completed the acquisition of Dutch Cabin from George Holding for €72m.

Financials

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Transaction Value£65m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales1.4x
EV/EBITDA7x
Share Price Premium-
One Off Charge-

Tags

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Netherlands

accommodation

Construction Services

Private

Single Bidder

Majority

Friendly

construction

Acquisition

Cross Border

Completed

Synopsis

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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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