German based private equity investor Mutares SE & Co has acquired modular construction specialist Byldis out of administration.
Byldis was founded in Holland but has a major operation in the UK where it has been designing, manufacturing and installing off-site buildings since 2006.
Michael Koch, CRO/Interim-CEO of Byldis, said: “Byldis is a remarkable company with a proven track record of innovation and excellence.
“This acquisition is a strategic move that enhances our capabilities and cements our commitment to delivering cutting-edge solutions to our clients. We are thrilled about the potential this partnership holds.”
Henk Berendsen, Financial Director of Byldis added: “Joining forces with Mutares is a thrilling prospect. Their commitment to innovation and sustainable practices perfectly aligns with our own values. Together, we are poised to make an even greater impact on the construction industry and drive positive change.”