Oaklins concludes its third transaction in 2021 for MT Højgaard Holding A/S with the sale of the pavilion business to Adapteo Oy


MT Højgaard Holding A/S’ subsidiary Ajos A/S has entered into an agreement to divest its pavilion business to the Northern European market leader in the segment, Adapteo Oy. An upfront sales price of approximately DKK 325 million has been agreed between the parties, with a further earnout adjustment after four years. The transaction is subject to usual closing conditions.


Ajos provides high-quality adaptable buildings for rental to the public sector in Denmark. The company offers temporary housing for schools, daycare and premium office facilities, and generates more than 96 percent of its rental revenues from the public sector. The transaction is yet another step in MT Højgaard Holding’s strategy of focusing on its core business and divesting non-core assets.


Oaklins was engaged by MT Højgaard Holding as strategic and financial advisor in this transaction. The acquisition marks Oaklins’ third transaction as advisor to MT Højgaard in 2021 following the sale of MT Højgaard Holding’s site hut business to CP in October 2021 and the acquisition of Raunstrup in February 2021.

The Oaklins team was instrumental in negotiating and creatively structuring this deal. It wouldn’t have happened without them. MORTEN HANSEN, CEO – MT HØJGAARD HOLDING

About MT Højgaard Holding

Headquartered in Copenhagen, MTHH is one of the leading construction and civil engineering companies in Denmark. The company is listed on the Nasdaq OMX Copenhagen Stock Exchange. MTHH has more than 2,800 employees and generated revenue of almost US$ 1 billion in 2020.


Read more about MT Højgaard Holding on the website: www.mthh.dk

About Adapteo

Headquartered in Vantaa, Finland, Adapteo is the leading adaptable space partner in Northern Europe. Adapteo develops, builds, rents out and sells adaptable buildings for schools, daycares, care centres, offices and accommodation. Adapteo has a building portfolio of 1.3 million square metres and operates in Sweden, Finland, Norway, Denmark, Germany, Belgium, the Netherlands and Lithuania.

Read more about Adapteo on the website: www.adapteogroup.com

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Original christian leroy bv
Christian Leroy Copenhagen, Denmark
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Mads thomsen bv
Mads Thomsen Copenhagen, Denmark
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Marcus blomqvist 0
Marcus Blomqvist Helsinki, Finland
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