Equistone buys Bien-Zenker and Hanse Haus

05/12/2017

Bien-Zenker and Hanse Haus have a new owner. Funds of the private equity investor Equistone Partners Europe are taking over the two prefab construction businesses from Adcuram for an unnamed purchase price. The Munich-based investment company had entered the prefab housing market in 2013 by taking over the majority of shares in the listed Bien-Zenker AG. In 2014, the firm also acquired Hanse Haus from Schörghuber company Bayerische Hausbau. Both prefab builders together are expected to generate revenue of more than €300mn this year. Equistone wants to continue the growth strategy.


TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.