Announced

Completed

Shurgard completed the acquisition of Prime Self-Storage for €100m.

Synopsis

Shurgard, a provider of self-storage, completed the acquisition of Prime Self-Storage for €100m. “We are thrilled to expand our footprint in Germany with this strategic acquisition. Adding the Prime portfolio after the seven properties of the Topbox acquisition and the six properties of Pickens is a major achievement of our teams. Our new footprint in Germany comforts our number two position in the country. It is further proof of the unyielding, but disciplined execution of our growth strategy, deploying efficiently the €300m raised in November 2023. We look forward to continuing our growth and delivering high-quality self-storage solutions to our customers in the region,” Marc Oursin, Shurgard Self-Storage CEO.

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