Yesterday, on Tuesday 7 January, the remaining closing conditions were satisfied, and as a result, Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, completed the acquisition of ZITON.

This is a completion of the agreement announced on Friday 27 September (read here), where Macquarie Asset Management entered into a share purchase agreement with funds advised by Permira Credit and other existing shareholders to acquire all issued and outstanding shares of Zappy TopCo ApS and its wholly-owned subsidiary, ZITON A/S.

Thorsten Jalk, CEO of ZITON A/S, commented on the completion:
“This is a significant milestone for ZITON, as Macquarie’s investment validates the strong company we have built. With our solid market position, excellent customer relationships, and some of the best talent in the industry, we are well-positioned for the future.”

Read the full stock exchange announcement from 27 September here.

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately €569.3 billion in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset.

Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 20,600 people in 34 markets and is listed on the Australian Securities Exchange.

All figures as at 30 September 2024 unless otherwise stated. For further information, visit www.macquarie.com.