MergerLinks - ACV Group to acquire the Pelican complex in Antwerp from Baltisse and QRF for €55m.

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New Deal

New Deal

Announced

25 Mar 2024

ACV Group to acquire the Pelican complex in Antwerp from Baltisse and QRF for €55m.

Financials

Transaction Value£48m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

Baltisse

vendor

Baltisse

bidder

Acv Group

QRF

vendor

QRF

target

Pelican Complex In Antwerp

Sources

Tags

office building

Friendly

Single Bidder

Acquisition

Private Equity

Pending

Real Estate Holding and Development

Belgium

Domestic

Majority

Private

Real Estate

Synopsis

ACV Group agreed to acquire the Pelican complex in Antwerp from Baltisse, an investment company, and QRF for €55m.

Service Providers (1)

Linklaters

legal advisors

Linklaters

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