DLA PIPER has advised the owners of JYTAS on the sale to ADAPTEO Group

DLA Piper has advised the owners of JYTAS A/S on the sale of the company's module rental business to ADAPTEO Group, Finland.

ADAPTEO Group, which has been owned by a fund under Goldman Sachs since 2021, has strengthened its position as the market leader in module rental in Denmark with the acquisition.

JYTAS A/S will continue to sell and produce high-end modules with a strong focus on ESG and production according to the DGBN standard and the SVANE label.

In the future, modules will be rented out in collaboration with ADAPTEO Group.

DLA Piper advised JYTAS in all aspects of the sale. DLA Piper Denmark's team consisted of Partner Attorney Kristian Hjølund Nielsen, Attorney Cecilie Kallmayer, and Senior Project Manager Sanela Lulic.

Attorney Carl Erik Skovgaard has been Chairman of the Board of the JYTAS Group for more than 25 years.

Read more about the transaction here.