GREYKITE European Real Estate Fund completed the acquisition of Kühne + Nagel, BSH Hausgeräte, Teva Pharmaceuticals, Iron Mountain and Ski Rossignol for €350m.

GREYKITE European Real Estate Fund, a real estate and corporate investment firm specializing in durable asset classes in select European markets, completed the acquisition of Kühne + Nagel, a global logistics company specializing in airfreight, seafreight, road, and contract logistics, BSH Hausgeräte, a home appliance manufacturer and part of the Bosch Group, Teva Pharmaceuticals, a multinational pharmaceutical company known for producing generic and specialty medications, Iron Mountain, a global provider of storage, information management, and data protection services, and Ski Rossignol, a French company specializing in the manufacture of ski and snowboarding equipment and apparel, for €350m. “This is our third transaction since launching the Fund earlier this year. We have now seeded several investment themes which will enable us to rapidly build a multi-billion euro portfolio, focused on high-conviction sectors supported by compelling structural and demographic fundamentals. Continued market dislocation is presenting a unique opportunity for investment firms like ourselves with the firepower and deal execution capabilities, and no legacy issues, to acquire high-quality assets and portfolios at attractive pricing,” Michael Abel, GREYKITE Founder and CEO.