(Boursier.com) — Already a shareholder of Woodeum with 50% of the capital since July 2019, Altarea acquires, on February 21, the balance of the capital of Woodeum from WO2 Holding. Altarea thus becomes the sole shareholder of the leading brand in France of low-carbon residential real estate in solid wood.
In a context of climate change and changing regulations, this acquisition confirms Altarea’s ambition to accelerate its transition to low-carbon housing, by strengthening the means given to Woodeum to continue its growth dynamic.
With this operation, Woodeum will benefit from increased financial and operational resources as well as synergies with the other brands of the Altarea group, in order to:
– Strengthen its research and development activities, at the heart of its promoter-engineer DNA;
– Expand its presence throughout France, to become a national brand;
– Pursue the dynamic growth of its activity, with the objective of increasing its production, of the order of 2,000 housing units per year in the long term.
While the construction sector is responsible for almost a quarter of CO2 emissions in France, the technologies developed by Woodeum, which notably use solid wood, make it possible to create buildings compatible with the 2028 and 2031 thresholds. of RE2020. This acquisition of Woodeum is part of the low-carbon strategy of the Altarea group, which has defined trajectories for reducing its carbon impact for each of its brands by 2030.
The management team and organization of Woodeum will remain unchanged. Julien Pemezec, Managing Director of Woodeum, joins Altarea’s Executive Committee.
©2023 Boursier.com