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New Deal


Announced

Logicenters and GARBE to form a joint venture.

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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Germany

Pending

logistics

Transportation Services

Majority

Single Bidder

Joint Venture

Friendly

Acquisition

Domestic

Private

Synopsis

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Logicenters, a provider of modern logistics properties, and GARBE, a real estate agency, agreed to form a joint venture. Financial terms were not disclosed. "The joint venture partners focus on further strengthening their footprint in Germany by building up a sustainable logistic portfolio. With this collaboration, Logicenters and GARBE exemplify their ongoing efforts to provide state-of-the-art logistics solutions," Logicenters.

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