M&A Deal Summary

Nexity Acquires Angelotti

On June 23, 2022, Nexity acquired construction company Angelotti

Acquisition Highlights
  • This is Nexity’s 1st transaction in the Construction sector.
  • This is Nexity’s 3rd transaction in France.

M&A Deal Summary

Date 2022-06-23
Target Angelotti
Sector Construction
Buyer(s) Nexity
Deal Type Add-on Acquisition

Target

Angelotti

Beziers, France
Angelotti is a specialist in urban planning including the sale of building plots, and the development of new districts. The group has established itself as a leading player in the markets of Montpellier, Beziers, Nimes, and Perpignan, regions with significant demographic dynamism (among the highest population growth rates in France between 2013 and 2019). Its development continues today in the West towards Toulouse and in the East in the PACA (Provence-Alpes-Côte d’Azur) region. Angelotti was formed in 1981 and is based in Beziers, France.

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Buyer(S) 1

Buyer

Nexity

Paris, France

Category Company
Founded 1995
Sector Real Estate
Employees3,684
Revenue 3.3B EUR (2024)
DESCRIPTION

Nexity focuses on real estate development and the provision of related services. Nexity was founded in 1995 and is based in Paris, France.


DEAL STATS #
Overall 3 of 3
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: France M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Accessite

Paris, France

Accessite is a property manager specializing in retail real estate assets, including high street shops, retail parks, and shopping centers. Accessite is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Nexity - Residential Property Management Services Business

France

Nexity's Residential Property Management Services Business provides Residential Property Management Services in France.

Sell -