IMAP Albia Capital has advised Groupe Kardham on the acquisition of GABITECO, a family-owned business specializing in design&build, providing design, architecture and project management services of workspaces for companies and corporations.
This acquisition provides Kardham with a local presence and perfect knowledge of the Spanish market to support its clients’ developments in Southern Europe. Likewise, it will allow Kardham to gain further efficiency and competitiveness in the Spanish market, as well as an opportunity to extend and strengthen its presence in the Portuguese market by brining GABITECO’s design & build expertise to its Portuguese subsidiary.
According to Ursula Raidt, Strategic Development & International Director of the Kardham Group: “Beyond the great development prospects for our two entities that this transaction represents, we are happy by welcoming GABITECO into the Kardham community to contribute to the continuation of a strong and embodied family success story. Our presence in Spain will serve Kardham as a bridgehead for our development in the Iberian region”.
In words of Jean-François Couëc, Chairman of the Kardham Group: “The acquisition of GABITECO is part of our long-standing strategic commitment to diversify geographically and accelerate our expansion in Europe. We will continue to pursue our networking efforts by seeking partnerships that create value for the Kardham Group, its shareholders, clients and stakeholders”.
Salomé Jiménez and Juan Ignacio Jiménez Gabiteco’s General Managers add: “Joining the Kardham Group is a great opportunity to perpetuate the history and values of our family business. We are happy to work hand in hand with the Kardham family on the transmission of this heritage created in 1968 by our father and are proud to see GABITECO continue to develop.”
About GROUPE KARDHAM
Kardham is the first independent French group to bring together all the business skills of the commercial property value chain: consulting, architecture, space design, engineering and digital. Founded in 1992, the Group assists users and leading professionals in France, Europe, and Africa in all their property projects, from the strategic conception of projects to their complete delivery. Kardham employs over 500 people and manages 1.000 projects per year, producing a turnover of over €100M.
About GABITECO
Founded in 1968 in Madrid, GABITECO (Gabinete Tecnico Comercial) is a family-owned business operator providing consultancy and support services for the development of workspaces. The company specializes in design&build, which accounts for most of its turnover, and also offers facility management services.
About IMAP ALBIA CAPITAL
IMAP Albia Capital is a firm specialising in mergers and acquisitions, sales, and purchases of companies. It is the exclusive member in Spain of the IMAP organisation, which is present in more than 40 countries. Globally, IMAP completed 238 transactions worth more than $26 billion in 2022. It is consistently ranked among the top 10 M&A advisors worldwide and plays a leading role amongst independent advisors.