HIG Europe buys Hanlo Group

The value of the transaction has not been disclosed but the investment was made through the newly founded platform Green Building Group GmbH. Solidus Partners, the investment vehicle of Philippe Graf von Stauffenberg, also invested.

The new owners hope to develop Green Building Group GmbH into a European market leader through further add-on acquisitions of medium-sized prefabricated manufactures.

Company
Hanlo builds prefabricated family homes in the German-speaking region as well as commercial projects, including retirement homes and nurseries. Based in Graz, Austria and Freiwalde, Germany, the company achieved a turnover of €60m in 2010. Going forward Hanlo will trade under the umbrella of Green Building Group GmbH, which is based in Graz, Austria.

People
Matthias Allgaier led the transaction for HIG. Dr Wolfgang Marka has been appointed managing director of Green Building Group.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• DACH
• Industrials
• Now researching
• HIG Capital
• Germany