By Joey Gardiner2020-12-22T06:00:00+00:00
Daiwa House snaps up Jan Snel
Japanese factory building giant Daiwa House Group has bought Dutch-owned modular housebuilder Jan Snel in a deal that the firm says could boost its recently established UK operation.
Daiwa, which reported revenue of nearly £32 billion last year, has bought a majority stake in Flexibuild Holding, the holding company for the Jan Snel group, which describes itself as the Dutch market leader in industrialised and modular building.
Jan Snel’s Startblok Elzenhagen scheme in Amsterdam Noord
Its chief executive, Harry van Zandwijk, said the ambition was that the deal enabled Jan Snel to become “the clear market leader in Europe” for modular construction.