GSN Property Services has been acquired by a Chinese property developer
GSN Property Services Co., Ltd. has been sold to a premium property developer in China.
Founded in 1996, GSN is the leading German property service provider in China. It has established four branches across China and focuses on offering high-quality services to multiple international and local clients related to workplace, commercial, education, residential, hospitality and healthcare properties. Its extensive client portfolio includes multinational corporations, embassies and international schools.
Oaklins’ team in Shanghai advised the seller in this transaction. With extensive understanding and deal experience in business services, especially in facility management, the team ran a well-managed and strictly confidential process and optimized valuation with a straight 100% sale. The team negotiated terms with the buyers, coordinated the bidding and negotiation process and ensured a smooth closing and post-transaction integration process.
Former Owner, Chairman and Managing Director, GSN Property Services Co., Ltd.
Talk to the deal team
Oaklins HFG China
David Rubin & Partners has been acquired by Begbies Traynor Group
The shareholders of David Rubin & Partners Limited, a long-established recovery and insolvency firm, have sold the company to Begbies Traynor Group PLC.Learn more
Belgian leader in maintenance of professional clothing Scaldis acquired by French group Elis
The private shareholders of Scaldis have sold 100% of their shares to French-listed group Elis SA.Learn more
OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group
OFFIX Holding AG and Office World Holding AG have bundled their businesses into the newly founded Office World Group AG. Office World Holding brings its subsidiaries Office World, iba and Tramondi, and OFFIX brings its companies Papedis, Ecomedia, Oridis, Office Leader and DocuServ into the new Office World Group AG. The merger creates a Swiss group that will be represented throughout the country, generating sales of approximately US$400 million with just under 600 employees.Learn more