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Announced

Cube Infrastructure Managers to acquire Nordic business from Urbaser for €390m.

Financials

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Transaction Value£334m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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environmental services

Denmark

Sweden

Finland

Waste and Disposal Services

Acquisition

Pending

Single Bidder

Private

Private Equity

Norway

Cross Border

Majority

Friendly

Synopsis

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Cube Infrastructure Managers, an independent mid-market infrastructure investor, agreed to acquire Nordic business from Platinum Equity-backed Urbaser, a provider of communities with global waste management solutions, for €390m. “We are very proud of the leading collection platform that we have created in the Nordics region with a strong management team in place. We believe that Cube is the right partner for the business in the region going forward. We will continue deploying capital in our core markets and it is exciting to lead Urbaser in this transformational journey investing in environmental solutions that drive real change towards a circular economy," Fernando Abril- Martorell, Urbaser CEO.

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