GLB has acquired Atmoshaus, a general contractor in the private housing segment
GLB Genossenschaft has acquired all shares of Atmoshaus AG from its founder, Beat Niederberger, thereby complementing its own broad range of construction services with a greatly renowned general contractor in a highly synergetic transaction.
GLB is a construction company with strong roots in the Swiss regions around Bern and Emmental. It employs more than 800 people and has been a reliable partner for its customers for more than 50 years.
Atmoshaus is a highly successful general contractor in the private housing segment (single family houses, apartment buildings and residential areas). It enjoys an outstanding reputation with its customers and suppliers.
While being highly complementary in geographical coverage and service offering, both companies focus on the same segment of the market. In addition, the two firms maintain a very similar business culture and will strengthen the principles of energy efficient and sustainable construction. Accordingly, GLB intends to continue and further invest in the business of Atmoshaus as part of its strategy to become a leading player in the Swiss construction market.
Oaklins’ team in Switzerland provided due diligence services to GLB and participated in the negotiations on the buy-side.
Susanne Meer
CFO, GLB Genossenschaft
Talk to the deal team
Related deals
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.
Learn moreViking 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.
Learn morePavement Maintenance Group has been acquired by Renovo Capital
LKCM Headwater Investments has sold Pavement Maintenance Group (PMG), one of its portfolio companies, to Renovo Capital.
Learn more