Apleona, a European market leader in integrated facility management, based near Frankfurt am Main, today announced a merger agreement with Gegenbauer Group, one of the leading facility management providers in Germany.
Headquartered in Berlin, Gegenbauer Group employs 18,000 people and generates average sales of € 900 million annually, split equally between hard and soft services.
As part of the transaction, the former shareholders of the Gegenbauer Group will become shareholders in Apleona, while European private equity firm PAI Partners will remain Apleona’s majority shareholder.
Source: apleona.com on the 6th of March
https://www.apleona.com/en/media-relations/press-releases/detail/apleona-expands-its-position-as-leading-integrated-facility-manager-through-merger-with-gegenbauer-g/