Grandland Holdings to acquire Permasteelisa Group for EUR 467M

Grandland Holdings Group announced it will acquire 100% of Permasteelisa S.p.A., a global leader in curtain wall manufacturing, from LIXIL Corporation for EUR 467 million. The transaction is subject to regulatory approvals, and Permasteelisa's management will remain.

“Grandland will pay an acquisition price of EUR 467 million with the strong commitment from Chinese state banks, and Grandland has secured additional funding to support the future financing requirements of Permasteelisa.”prnewswire.com

• 2 sources
• prnewswire.comGrandland To Acquire Permasteelisa GroupGrandland Holdings GroupAug 22, 2017
• usg.mydigitalpublication.comUSGlass • September 2017 • Mergers & AcquisitionsSep 18, 2017

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