Creating a leading facility services company in Germany
Privately owned Dutch facility management group Vebego Holding GmbH has acquired 100% of the shares of hectas Facility Services from Vorwerk SE & Co. KG.
With more than 34,000 employees in the facility services, healthcare, facility management, and gardening and landscaping sectors, Vebego is active in Belgium, Germany, the Netherlands and Switzerland. By acquiring hectas, Vebego strengthens its objective of achieving sustainable and significant growth and becoming one of the top 20 facility services companies in Germany.
The Oaklins team have supported us with their M&A expertise in the best manner, and have made a decisive contribution to closing this transaction successfully in an ambitious time frame.KEVIN FLECK, CFO, VEBEGO GERMANY & SWITZERLAND
Oaklins played a key role in facilitating this transaction
Oaklins’ team in Germany acted as buy-side advisor to Vebego, screening the market for potential targets, advising on valuation as well as leading the negotiation until closing. The team in the Netherlands supported the transaction.
Read more about the transaction, market trends, deal drivers and M&A valuation aspects
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