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Real estate service provider Apleona completes merger with Gegenbauer

Facility and real estate service provider Apleona has successfully merged with peer Gegenbauer, to create a panEuropean business with revenues of around €3.5 bn. The new group, which will operate under the Apleona name across all divisions, will have around 40,000 employees. Its core business remains integrated facility management with a strong focus on technical building management and the markets of Germany, Austria and Switzerland. In Germany, Apleona has come out of the merger stronger in terms of its regional coverage and its vertical integration across all services and, according to the company, is now a market leader by a significant margin.

Source: https://propertyeu.info/Nieuws/Real-estate-service-provider-Apleona-completes-merger-with-Gegenbauer/886b4f58-ec4f-46ca-8935-524a11ec4d00, on 06.07.2023