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BlueKnightz
2021-06-28

Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire<blockquote>Brookfield 部门签署价值 50 亿美元的 TDR 支持的 Modulaire 协议</blockquote>

(Bloomberg) -- A unit of Brookfield Asset Management Inc. agreed to acquire Modulaire Group, the Eur

Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire<blockquote>Brookfield 部门签署价值 50 亿美元的 TDR 支持的 Modulaire 协议</blockquote>

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It’s also be among the largest-ever deals for the Canadian investment firm’s European private equity business.\nModulaire designs modular buildings that can be rented for work and living, as well as portable storage units. Demand for these services have picked up amid the pandemic as businesses seek to cut costs and shy away from longer-term work-space contracts. The company operates across Europe and in Asia. TDR acquired the company in 2004 and has since expanded it through a string of acquisitions.\nThe company reported a 27% increase in revenue, including from acquisitions, to 320 million euros in the first quarter. Earnings before interest, taxes, depreciation and amortization rose 44% during the period to 97 million euros, including acquisitions.\nBrookfield Business Partners is a unit of the Canadian firm which invests in business services and industrial sectors. 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Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire<blockquote>Brookfield 部门签署价值 50 亿美元的 TDR 支持的 Modulaire 协议</blockquote>

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