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Dussmann Group has sold Dussmann China and Dussmann HK to CITIC Capital

Dussmann Group has sold its subsidiaries Dussmann Property Management (Shanghai) Co., Ltd and Dussmann Service Hong Kong Limited to CITIC Capital, completing its strategic geographic upgrade.

Dussmann Property Management (Shanghai) specializes in providing facility management (FM) and integrated facility management (IFM) services in mainland China with its headquarters in Shanghai. Dussmann Service Hong Kong has been providing FM services in Hong Kong for 23 years and started to provide IFM services in 2017.

CITIC Capital is a private equity firm based in China. The firm manages over US$26 billion of capital across 100 funds.

With more than 66,0000 employees and activities in 17 countries, the Dussmann Group is one of the largest private multi-service providers worldwide. Its services includes FM, technical building equipment and engineering, nursing and care for the elderly, in-house corporate child-care and retail media.

Oaklins’ team in Shanghai advised the seller and led the whole process, identifying and communicating with potential buyers, providing valuation guidelines, facilitating management presentations, assisting due diligence and negotiating key terms in the SPA. Oaklins’ team in Germany helped to pitch the seller in this transaction.

Service
M&A sell-side
Parties
“Oaklins’ team in Shanghai understood our vision and strategic criteria. Their access to local investors in the Chinese market, expertise of working international processes and collective team effort have made a contribution to the successful completion of the transaction.”

Sebastian Bahnsen

Head of M&A, Dussmann Group

Talk to the deal team

 Angela  Chen

Angela Chen

Managing Partner

Shanghai, China
Oaklins HFG China
Dr. Florian  von Alten

Dr. Florian von Alten

Managing Partner

Hamburg, Germany
Oaklins Germany

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