A 60% share in Norddeutsche Wohnbau GmbH has been sold to Hannoversche Volksbank

S & S Immobilien Holding GmbH has sold its 60% stake in Norddeutsche Wohnbau GmbH to Hannoversche Volksbank eG.

Norddeutsche Wohnbau was established in 2016 and today operates as a successful German developer for residential and mixed use residential and commercial building projects. With its own architectural subsidiary, the company provides comprehensive services for its own projects and to the market. Norddeutsche Wohnbau develops projects in northern Germany and is based in Hannover.

Hannoversche Volksbank eG is a cooperative bank based in Hanover. With total assets of approximately US$7.7 billion, it is the largest Volksbank in northern Germany. It is a reliable partner for financing medium-sized companies and projects in the real estate sector. The bank’s business territory covers the city and large parts of the Hanover region as well as the city of Celle and the Hildesheimer Börde region. The bank is owned by 124,000 members of the cooperative.

Oaklins’ team in Germany acted as the exclusive financial advisor for the sellers in this transaction.

Services

M&A sell-side

Parteien

„We are pleased that in Hannoversche Volksbank we have found a partner for our subsidiary that, with its many years of extensive expertise in this area, will contribute to the stable continuation and growth of Norddeutsche Wohnbau GmbH.“

Heiko Schramm and Christian Schoen

Shareholders and Managing Directors, S & S Immobilien Holding GmbH

Sprechen Sie mit dem Deal-Team

Dr. Lutz Becker

Associate Partner

Hamburg, Deutschland
Oaklins Germany

Profil ansehen Kontaktaufnahme

Christoph Rummelt

Director

Hamburg, Deutschland
Oaklins Germany

Profil ansehen Kontaktaufnahme

Felix Daetz

Senior Associate

Hamburg, Deutschland
Oaklins Germany

Profil ansehen Kontaktaufnahme

Relevante Transaktionen

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

Bau- und Ingenieurdienstleistungen

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.

Weitere Informationen

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Private Equity | Bau- und Ingenieurdienstleistungen

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.

Weitere Informationen

Viking Entreprenør has been acquired by Corteco

Bau- und Ingenieurdienstleistungen

Viking Entreprenør has been acquired by Corteco

Corteco has acquired Viking Entreprenør, strengthening its position in the Norwegian market. By working together with the other companies in the Corteco group, Viking will be able to offer a broader range of services to existing and future customers.

Weitere Informationen