ADCURAM acquired an 89.4% stake in Bien-Zenker, marking a strategic entry into the growing prefabricated housing market in Germany.

Information on the Target

On October 1, 2013, ADCURAM acquired a majority stake of approximately 89.4% in Bien-Zenker from its former owner, ELK AG. This acquisition marked ADCURAM as the first financial investor in Germany to recognize the growth potential of the prefabricated single-family home market. As the partnership commenced, Bien-Zenker, a pioneer in prefabricated houses based in Hesse, entered a new chapter in its corporate history.

The successful transition was largely due to ADCURAM's extensive experience across various industries and its strategic capabilities in corporate development. In particular, ADCURAM's expertise in capital market issues played a crucial role in guiding Bien-Zenker towards future growth.

Industry Overview in Germany

Germany's construction industry, particularly the prefabricated housing segment, has exhibited notable resilience and growth potential in recent years. The increasing demand for affordable and sustainable housing solutions ha