# Algeco Group to acquire Malthus Uniteam of Norway

Algeco Group agreed to acquire Malthus Uniteam, the leader in the Norwegian modular market with a fleet of about 9,000 units and 2019 revenues of approximately €75 million, from Reiten & Co Capital Partners and other shareholders.

- Type: Acquisition
- Announced: 2019-12-23
- Where: Norway
- Status: announced
- Capacity: 9,000 units
- Products: modular buildings, barracks, containers, building equipment
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Algeco Group](https://endata.com/companies/44130.md) (acquirer)
- [Malthus Uniteam](https://endata.com/companies/44131.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/algeco-significantly-strengthens-nordic-presence-with-acquisition-of-malthus-uniteam-300978847.html), 2019-12-23: "This acquisition provides Algeco with a leading position in the attractive Nordic modular space market and further strengthens our presence across Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.