We have advised modular construction company JYTAS on the sale of its rental division to European space solutions provider Adapteo Group (Adapteo).
JYTAS, one of Denmark’s oldest construction companies, was founded in Aarhus in 1910. The company has earned an exceptional reputation for its superior quality and swift delivery across the country, specialising in modular buildings for offices, schools, and healthcare applications, with over 50,000 sqm in rentals. JYTAS is committed to long-term rental contracts, often using re-used modular solutions to ensure sustainability is at the core of the business, providing stability and reliability for its clients.
Adapteo is a leading provider of premium, modular space solutions to meet diverse social infrastructure needs across Europe, with a focus on adaptability, circularity, and community development. Adapteo is present in Sweden, Finland, Norway, Denmark, Germany, Belgium, the Netherlands, and the Baltics.
The acquisition of JYTAS’ rental division strengthens Adapteo’s market position in the fragmented Danish market and sets an important milestone in the continuous geographical expansion. JYTAS will continue its activities by developing and selling high-quality modular buildings according to the Nordic Swan Ecolabel and DGNB standards.