Announced

Adapteo to acquire rental business of JYTAS.

Synopsis

Adapteo, a provider of adaptable space solutions for social infrastructure, agreed to acquire rental business of JYTAS, a Danish modular building rental company. Financial terms were not disclosed. "The acquisition of JYTAS' Rental Business marks an important milestone for Adapteo and presents a significant opportunity to enhance our offerings in Denmark. Their expertise in social infrastructure and sustainability aligns perfectly with our commitment to providing high-quality, adaptable, and circular buildings. This strategic move not only strengthens our market position in Denmark but also sets the foundation for pursuing similar opportunities in other markets," Johanna Persson, Adapteo Group President and CEO.

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