Strategic refocus continues for leading construction and engineering player

Deal Flash

MT Højgaard Holding (MTHH) A/S’ subsidiary Ajos A/S has entered into an agreement to divest its pavilion business to the northern European market leader in the segment, Adapteo Oy.

Ajos provides high-quality adaptable buildings for rent, primarily to the public sector in Denmark. The company offers temporary buildings for schools, daycare and premium office facilities, and generates more than 95% of its rental revenues from the public sector. This transaction is yet another step in MT Højgaard Holding’s strategy of focusing on its core business and divesting non-core assets.

The Oaklins team was instrumental in negotiating and creatively structuring this deal. It wouldn’t have happened without them. MORTEN HANSEN, CEO, MT HØJGAARD HOLDING A/S, DENMARK

Oaklins played a major role in facilitating this deal

Oaklins’ team in Denmark acted as strategic and financial advisor to MT Højgaard Holding. The team in Finland supported the transaction. This acquisition marks Oaklins’ third transaction as advisor to MT Højgaard Holding in 2021, following the sale of MT Højgaard Holding’s site hut business to CP in October 2021, and the acquisition of Raunstrup in February 2021.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects