Today, on Friday 27 September, it has been announced that Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, has entered into an agreement to acquire ZITON.
Thorsten Jalk, CEO of ZITON A/S, commented on the announcement:
“It is a major validation of ZITON that Macquarie has decided to invest in the company. It shows that we have built a great company with a strong market position, good relationships to our customers and some of the best people in the industry. This is another major step to develop ZITON 2.0 – we will continue our journey.”
Macquarie Asset Management has 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.
Completion is anticipated by December 2024 or Q1 2025, subject to regulatory approvals and satisfaction of other customary closing conditions
Read the full stock exchange announcement 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 €567.0 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 31 March 2024 unless otherwise stated. For further information, visit www.macquarie.com.