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.
Head of M&A, Dussmann Group
Talk to the deal team
Managing PartnerShanghai, China
Oaklins HFG China
Dr. Florian von Alten
Managing PartnerHamburg, Germany
Baltcap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm Baltcap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.Learn more
Concert Consulting has been acquired by Buck
UK-based pensions and employee benefits communications firm Concert Consulting has been acquired by Buck, the integrated HR and benefits consulting, technology and administration services firm.Learn more
Sale of ProfiSMS to R22
NetBrokers Holding has sold ProfiSMS, s.r.o. to R22 Group.Learn more