Adapteo to be sold for €798 million

Murray Pollok Managing Editor, IRN & Director of Content, KHL

17 May 2021

A private investment fund managed by Goldman Sachs Asset Management has made an offer to acquire all the shares of Adapteo, the Nordic accommodation rental company demerged from Cramo in 2019.

The price of SEK165 (€16.2) per share offered by West Street Global Infrastructure Partners IV (WSIP) values the business at SEK 8.1 billion (€798 million) and represents a 53% premium on the closing price on 14 May.

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    Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
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