GLB has acquired Atmoshaus, a general contractor in the private housing segment
June 2021 — GLB Genossenschaft has acquired all shares of Atmoshaus AG from its founder, Beat Niederberger, thereby complementing its own broad range of construction services with a greatly renowned general contractor in a highly synergetic transaction.
GLB is a construction company with strong roots in the Swiss regions around Bern and Emmental. It employs more than 800 people and has been a reliable partner for its customers for more than 50 years.
Atmoshaus is a highly successful general contractor in the private housing segment (single family houses, apartment buildings and residential areas). It enjoys an outstanding reputation with its customers and suppliers.
While being highly complementary in geographical coverage and service offering, both companies focus on the same segment of the market. In addition, the two firms maintain a very similar business culture and will strengthen the principles of energy efficient and sustainable construction. Accordingly, GLB intends to continue and further invest in the business of Atmoshaus as part of its strategy to become a leading player in the Swiss construction market.
Our role in the transaction
Oaklins’ team in Switzerland provided due diligence services to GLB and participated in the negotiations on the buy-side.
Susanne Meer
CFO, GLB Genossenschaft
Talk to the deal team
Related deals
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn more