Modulaire agrees €4.18 billion sale to Brookfield

Leila Steed Editor, Demolition & Recycling International

28 June 2021

Specialist modular workspace provider Modulaire Group - formerly Algeco - is to be sold to investment firm Brookfield Business Partners, in a deal worth US$5 billion (€4.18 billion).

Modulaire, which counts Algeco, Portacom Building Solutions, Carter Accommodation, Elliott and Advanté among its operational subsidiaries, serves industrial, infrastructure and public sector customers across the European and Asia-Pacific regions.

The company’s sale to Brookfield was agreed by its shareholders, specifically its majority owner UK-based private equity firm TDR Capital...Sign in to continue reading.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    STAY CONNECTED


    Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

    Sign up

    ERA TCO and CO2 calculators
    ERA TCO Calc
    Calculate the total cost of ownership and CO2 output of construction machinery using the European Rental Association’s online, free-to-use calculators.
    CONNECT WITH THE TEAM
    Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
    Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA