FTM Distribution has acquired a real estate portfolio
FTM Distribution has acquired a real estate portfolio from IDS North America Ltd.
FTM Distribution is a Canadian holding company that operates in a variety of fields, including commercial real estate operations.
IDS North America is the largest of IDS’s subsidiaries. Based in Canada, with offices in Kanata (Ottawa) and Montreal, the company also handles activities in the USA, Central America, the Caribbean and some parts of Eastern Europe and Africa. IDS North America offers the whole range of IDS capabilities but its main source of revenue is the air navigation sector, the supply of specialist antennas and satellite terminals meeting the needs of high technology market sectors with advanced requirements.
Oaklins' team in Canada advised the buyer in this transaction.
Talk to the deal team
Related deals
RCN Vakantieparken has attracted international investor Blackstone to drive growth
RCN Vakantieparken, a leading owner and operator of spacious holiday parks and campsites across the Netherlands, France and Germany, has been acquired by Blackstone, a premier global investment firm. Blackstone will support the management team’s vision for the business and accelerate RCN’s growth potential with significant investment across its parks, while retaining its strong brand identity.
Learn moreHemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreBodegas San Francisco Perú has acquired Aldea Logística Global
Bodegas San Francisco Perú (BSF) has acquired Aldea Logística Global S.A. (ALG) for US$160 million. The acquisition was fully financed through a syndicated loan and represented a strategic opportunity for BSF to expand and consolidate its presence in the Peruvian real estate sector. The transaction added approximately 273,000 square meters (sqm) of gross leasable area (GLA) in Villa El Salvador, one of Peru’s most sought-after logistics hubs, bringing BSF’s total GLA in Peru to over 929,000 sqm.
Learn more