Brookfield Business Partners Acquires Modulaire Group from TDR Capital
December 15, 2021
Brookfield Business Partners L.P. completed the acquisition of Modulaire Group from TDR Capital II Holdings L.P., closing in December 2021. The deal (announced in June 2021 and completed on 15 December 2021) transfers ownership of the European modular space and portable storage leader — which operates the Algeco brand and a large rental fleet across many countries — to Brookfield as part of its industrial/services portfolio expansion.
- Buyers
- Brookfield Business Partners L.P.
- Targets
- Modulaire Group
- Sellers
- TDR Capital II Holdings L.P.
- Industry
- Construction
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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