Adapteo has signed an agreement for the acquisition of Degotte as part of its Benelux growth plans.
After entering the Benelux market with its 2020 acquisition of Dutch Cabin Group, Adapteo is ready to deepen its presence in the region, and Degotte fits well within that intention. “The decision to acquire Degotte rather than grow only organically comes down to quality and complementarity,” reveals Adapteo Group president and CEO Johanna Persson.
“Degotte gives us an established, legacy platform in Belgium’s and Luxembourg’s high-end market and solid customer trust that would take significant time to build from scratch.”
She explains that, beyond being a reputable local player, Degotte stood out because of its modular specialities. Like Adapteo, Degotte designs, produces and installs sustainable modular buildings and prefabricated structures for the public sector, schools, offices, healthcare facilities and commercial spaces.
“From an operational perspective, Degotte brings a highly trained and experienced team, a meaningful installed base and refurbishment capacity,” adds Adapteo Group’s chief operating officer, Teemu Saarela.
Why now?
Following the Dutch Cabin Group acquisition in 2020, Adapteo shifted its focus to the Nordic region, acquiring Stord Innkvartering in Norway and Ajos in Denmark in 2021. Later, in 2024, the group also acquired Jytas in Denmark.
Two years later (in 2026) – and with a modular building portfolio of 1.6 million square metres – Adapteo returns to the Benelux again. “The timing reflects both market development and strategic readiness,” notes Johanna. “Across Europe, we see increasing demand for flexible infrastructure that can respond to demographic change, ageing building stock and sustainable requirements.”
She points out that the Benelux region is especially attractive in this context. “Customers in education, healthcare, public services, defence and other institutional environments increasingly need high-quality space that can be deployed, adapted and reused over time.”
Degotte shared this view on the market and on the role modular space solutions can play in the future of social infrastructure. “Both companies believe in high-quality, modular buildings that can be developed and adapted to changing customer needs.”
A “modular” integration design
Adapteo’s integration plans for Degotte reflect this modular philosophy, which relies on independent, self-contained units that function perfectly on their own but can be seamlessly plugged into a larger framework to expand its capabilities.
- Degotte – the self-contained module: Adapteo is keeping Degotte intact as a fully functional unit, prioritising continuity for customers and employees, while preserving Degotte’s structural integrity and local market strength.
- Adapteo – the overarching framework: Adapteo acts as the larger platform, providing the heavy infrastructure – broader resources, capital and scaled capabilities – that the new module can plug into.
“Degotte is a successful company with strong local roots and an entrepreneurial culture,” says Johanna.
“This was not about changing what has made Degotte successful but about giving the company a stronger platform for its next chapter while helping Adapteo broaden its footprint in an important region.”
Moving forward, the focus will be on gradual knowledge sharing and identifying specific areas where Adapteo’s broader infrastructure can help Degotte grow faster and serve clients at scale.
The acquisition is expected to be completed by the end of October (2026) and is being advised by Deloitte (corporate finance), Simmons & Simmons (legal) and EY (finance and tax).
