A 60% share in Norddeutsche Wohnbau GmbH has been sold to Hannoversche Volksbank

S & S Immobilien Holding GmbH has sold its 60% stake in Norddeutsche Wohnbau GmbH to Hannoversche Volksbank eG.

Norddeutsche Wohnbau was established in 2016 and today operates as a successful German developer for residential and mixed use residential and commercial building projects. With its own architectural subsidiary, the company provides comprehensive services for its own projects and to the market. Norddeutsche Wohnbau develops projects in northern Germany and is based in Hannover.

Hannoversche Volksbank eG is a cooperative bank based in Hanover. With total assets of approximately US$7.7 billion, it is the largest Volksbank in northern Germany. It is a reliable partner for financing medium-sized companies and projects in the real estate sector. The bank’s business territory covers the city and large parts of the Hanover region as well as the city of Celle and the Hildesheimer Börde region. The bank is owned by 124,000 members of the cooperative.

Oaklins’ team in Germany acted as the exclusive financial advisor for the sellers in this transaction.

Uppdrag

Företagsförsäljning

Parter

“We are pleased that in Hannoversche Volksbank we have found a partner for our subsidiary that, with its many years of extensive expertise in this area, will contribute to the stable continuation and growth of Norddeutsche Wohnbau GmbH.”

Heiko Schramm and Christian Schoen

Shareholders and Managing Directors, S & S Immobilien Holding GmbH

Prata med transaktionsteamet

Dr. Lutz Becker

Associate Partner

Hamburg, Tyskland
Oaklins Germany

Se profil Kontakta oss

Christoph Rummelt

Director

Hamburg, Tyskland
Oaklins Germany

Se profil Kontakta oss

Felix Daetz

Senior Associate

Hamburg, Tyskland
Oaklins Germany

Se profil Kontakta oss

Relaterade transaktioner

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

Riskkapital | Bygg- & tekniktjänster | Energi | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Lär dig mer

ArtisJP has sold 620 hectares of farmland to the Land Fund of Latvia

Jordbruk | Fastigheter

ArtisJP has sold 620 hectares of farmland to the Land Fund of Latvia

ArtisJP has sold 620 hectares of agricultural land in the Kuldīga region of western Latvia to the Land Fund of Latvia, managed by the Latvian state finance institution Altum.

Lär dig mer

All Glass & Windows has been recapitalized by Cross Rapids Capital

Riskkapital | Bygg- & tekniktjänster

All Glass & Windows has been recapitalized by Cross Rapids Capital

Prospect Partners has sold All Glass & Windows (AGW) to Cross Rapids Capital.

Lär dig mer