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Announced

Completed

Neinor Homes and Orion formed a joint venture.

Financials

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Transaction Value£43m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Spain

construction activities

Construction Services

Acquisition

Cross Border

Private

Private Equity

Majority

Completed

Friendly

Single Bidder

Joint Venture

Synopsis

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Neinor Homes, a company that develops real estate properties, and Orion, a private equity firm, formed a joint venture. "When we announced the Neinor joint venture, we told investors that we were opening a new channel to invest together with Neinor as a way of diversifying our sources of capital and improving the profitability of the shareholders," Borja García-Egotxeaga, Neinor Homes CEO.

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