Majority of shares in CASA A/S sold to private equity fund CataCap
Bech-Bruun has acted for the owners of the development and contracting company CASA A/S on the sale of 60% of its shares to private equity fund CataCap.
CASA develops, constructs and renovates residential properties, office and commercial properties, shopping centres and public buildings all over Denmark.
The company employs 90 people in Horsens and Copenhagen and in 2015, revenues amounted to DKK 1.1 billion with pre-tax profits of DKK 86 million.
Former sole owners and promoters of CASA, Michael Mortensen, Per Hansen and Peter Rosengreen will continue as members of the company’s management.
Closing of the transaction is conditioned upon approval from the competition authorities.
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