Dussmann Group has sold Dussmann China and Dussmann HK to CITIC Capital
Dussmann Group has sold its subsidiaries Dussmann Property Management (Shanghai) Co., Ltd and Dussmann Service Hong Kong Limited to CITIC Capital, completing its strategic geographic upgrade.
Dussmann Property Management (Shanghai) specializes in providing facility management (FM) and integrated facility management (IFM) services in mainland China with its headquarters in Shanghai. Dussmann Service Hong Kong has been providing FM services in Hong Kong for 23 years and started to provide IFM services in 2017.
CITIC Capital is a private equity firm based in China. The firm manages over US$26 billion of capital across 100 funds.
With more than 66,0000 employees and activities in 17 countries, the Dussmann Group is one of the largest private multi-service providers worldwide. Its services includes FM, technical building equipment and engineering, nursing and care for the elderly, in-house corporate child-care and retail media.
Oaklins’ team in Shanghai advised the seller and led the whole process, identifying and communicating with potential buyers, providing valuation guidelines, facilitating management presentations, assisting due diligence and negotiating key terms in the SPA. Oaklins’ team in Germany helped to pitch to the seller in this transaction.
Sebastian Bahnsen
Head of M&A, Dussmann Group
Talk to the deal team
Related deals
PiLON has been acquired by United Living Group
United Living Group has acquired PiLON, the property services business operating in the social housing sector. This transaction combines PiLON’s expertise in social housing maintenance and people-focused approach with United Living Group’s extensive resources and industry network. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities and deliver even greater value to its clients and communities.
Learn moreReSolve Advisory has been acquired by Evelyn Partners
Evelyn Partners has acquired ReSolve Advisory. Evelyn’s mission “to place the power of good advice into more hands” complements ReSolve’s values, bringing together two firms dedicated to impactful, client-centered advisory services. This strategic partnership will expand ReSolve’s reach and enable it to serve a broader client base with increased resources and national coverage, reinforcing both firms’ commitment to excellence in client outcomes.
Learn moreHolyhead Towing Company Ltd. has been acquired by Fortuna Ltd.
Fortuna Ltd. has acquired Holyhead Towing Company Ltd. Holyhead Towing, a trusted provider in the maritime and towing services sector, brings essential expertise and operational capabilities to Fortuna, enhancing the group’s marine logistics support and aligning with its strategic objectives. This acquisition marks a pivotal moment in Holyhead Towing’s journey, supporting its growth and service capacity within Fortuna’s international operations.
Learn more