Investing.com -- Partners Group Holding AG (SIX:PGHN) is exploring a potential sale of Finnish modular building manufacturer Parmaco Oy, according to a Bloomberg report, citing people familiar with the matter. Shares of Partners Group Holding AG traded 1.8% higher in Europe following the news.
The Baar, Switzerland-based private equity firm is working alongside Bank of America Corp. to evaluate options for the business, which could carry a valuation of approximately €1.5 billion ($1.7 billion). Deliberations remain at an early stage, and the buyout firm may ultimately elect to retain the asset.
Should a transaction proceed, a sale would likely materialize in 2027.
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Partners Group originally acquired Parmaco in 2021 from a consortium led by Terra Firma Capital Partners for an undisclosed sum. Since then, the platform has expanded its footprint beyond its core Nordic markets into broader European jurisdictions.
Headquartered in Finland, Parmaco specializes in designing, constructing, and leasing high-quality modular structures used primarily as schools, day care centers, residential units, and healthcare facilities. The company operates across Denmark, Finland, Sweden, and Germany, generating annual turnover of roughly €100 million with a workforce of around 300 employees.
Against that backdrop, the potential divestment underscores ongoing private equity appetite for infrastructure-adjacent assets backed by stable, long-term public sector demand. Investors will likely track whether Partners Group advances formal auction preparations or opts to leverage Parmaco's defensive profile within its portfolio.
Original Article
Partners Group taps BofA for potential €1.5 billion Parmaco sale - Bloomberg
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