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Specialising in midrise and highrise modular building, Byldis has become a part of the Mutares portfolio.
Located in the Netherlands and operating throughout Europe, Byldis, an expert in midrise and highrise modular construction, has been acquired by Mutares SE & Co, a private equity investor based in Germany, for an undisclosed sum.
Michael Koch, the Interim-CEO of Byldis, shared his thoughts on the acquisition: “Byldis is distinguished by its consistent record of innovation and excellence. This strategic move not only enhances our capabilities but also reaffirms our commitment to providing premier solutions to our clients. We’re optimistic about the opportunities this alliance brings.”
In 2018, Byldis UK branched out from the Hurks group based in the Netherlands. Today, they operate with a team of over 400 individuals with their central office located in London. The company claims to have delivered close to 4,500 residential units in the UK, as mentioned on their website.
Some of their noteworthy projects include 10 residential skyscrapers in London, which together house around 1,750 flats. Presently, they’re laying the groundwork for a new residential area in London named “Goodluck Hope” which will have 804 modular homes.
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Their portfolio also includes distinctive projects like the polished black concrete entrance for the Selfridges department store on London’s Oxford Street and contributions to the world’s tallest prefabricated building in Rotterdam, Netherlands.
Expressing his views on the collaboration, Hank Berendsen, Financial Director of Byldis, stated, “Merging with Mutares presents an exciting future. Their emphasis on innovation and sustainable approaches mirrors our core values.”
Mutares, founded in Munich in 2008, has expanded to 13 global offices with over 27,000 worldwide employees. The firm is predominantly owner-managed, with management and the supervisory board holding roughly 37% of shares.
