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New Deal


Announced

Completed

Hopp Family Office and x+bricks formed Aurinko.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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photovoltaic projects

Completed

Germany

Friendly

Joint Venture

Renewable Energy Equipment

Acquisition

Majority

Cross Border

Private

Synopsis

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Hopp Family Office and x+bricks, a platform for food-fueled real estate in Germany, formed Aurinko, a photovoltaic joint venture. The Hopp Family Office holds a 75.1% stake in the joint venture Aurinko, x+bricks has a 24.9% stake. Financial terms were not disclosed. "In a strong partnership with the Hopp family office, we will implement one of the most important milestones of our ESG roadmap. We are very pleased to join forces with one of the most experienced companies in the field of sustainable investments," Sascha Wilhelm, x+bricks CEO.

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