Go to deals
Construction & Engineering Services

MT Højgaard Holding has sold its pavilion rental activities

MT Højgaard Holding A/S (MTHH)’s subsidiary Ajos A/S has entered into an agreement to divest its pavilion rental business to the Northern European market leader in the segment, Adapteo Oy.

Headquartered in Koege, Denmark, 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.

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

Headquartered in Copenhagen, Denmark, MTHH is one of the leading construction and civil engineering companies in the country. It 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.

Oaklins’ team in Denmark acted as strategic and financial advisor to MT Højgaard Holding. The team in Finland supported the transaction. This 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.

Parties
“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 A/S

Talk to the deal team

 Mads  Thomsen

Mads Thomsen

Partner
Copenhagen, Denmark
Oaklins Beierholm
 Marcus  Blomqvist

Marcus Blomqvist

Partner
Helsinki, Finland
Oaklins Finland
 Christian  Leroy

Christian Leroy

Senior Advisor
Copenhagen, Denmark
Oaklins Beierholm

Related deals

Sibelco has received strategic advisory related to the exit of a minority shareholder
Construction & Engineering Services | Other Industries

Sibelco has received strategic advisory related to the exit of a minority shareholder

SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.

Learn more
Arbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood
Construction & Engineering Services

Arbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood

Arbo Windows, a leading Latvian producer of wooden windows and doors, has acquired Arlanga Wood, a leading Lithuanian producer of wooden windows and doors, creating the largest wooden windows producer in the Baltic states. The combined group has over 200 employees and generates over US$20 million of annual revenues.

Learn more
JL&P has received a minority investment from Arkéa Capital and Swen Capital Partners
Private Equity | Construction & Engineering Services | Energy

JL&P has received a minority investment from Arkéa Capital and Swen Capital Partners

JL&P Group has completed a primary minority LBO with Arkéa Capital and Swen Capital Partners.

Learn more