Dussmann Group has sold Dussmann China und 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.
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 facility management, technical building equipment and engineering, nursing and care for the elderly, in-house corporate childcare and retail media.
CITIC Capital is a private equity firm based in China. The firm manages over US$26 billion of capital across 100 funds.
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 to the seller in this transaction.
Sebastian Bahnsen
Head of M&A, Dussmann Group
Talk to the deal team
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