The listed stock company has set the terms for acquiring another technical facility management (FM) services provider. The takeover represents a further step-change in operational scale, both for this business segment and the entire capital group.

A few years after building an FM business from scratch under the name YATRE, followed by last year’s acquisition of a major market player, PZN, and this year’s consolidation into a single entity—YATRE PZN—REINO Group is finalizing another acquisition in this sector.

“REINO wants to and can become one of the consolidation centers for the FM market. In just a few years, we have built a prominent business in this area with annual revenues reaching PLN 100 million,” says Radosław Świątkowski, co-founder and CEO of REINO Group.

The acquisition of another entity reflects the ambition and determination of the listed holding—both regarding its FM market operations and the execution of the Group’s strategy announced in November 2018. One of its primary objectives is to consolidate revenues from management services across various real estate market sectors.

“The main advantage of a business model combining facility management with asset management is cost and revenue synergies. Management services in the real estate market, beyond just asset management, are a scale business. Further expansion in the FM market through both organic growth and further acquisitions allows us to build that scale rapidly,” explains Radosław Świątkowski.

The validity of this strategy is confirmed by the Group’s results for 2025 and Q1 of this year. The Group not only significantly increased revenues but also delivered a step-change improvement in profitability, reaching an EBITDA margin of 11.5% in the latest quarterly report.

The acquired company provides facility management services using advanced PropTech solutions, including digitization. It complements YATRE PZN’s resources and contract portfolio in terms of both clients and property locations. It also unlocks numerous opportunities for optimization and technological growth, including the leverage of AI. The company primarily provides services under long-term contracts for reputable clients based on lasting business relationships, generating annual turnover reaching PLN 30 million.

“YATRE PZN is an entity with 30 years of experience and strong organic growth potential. We are already capable of executing any contract, regardless of scale or location. We also offer unique added value, such as an AM perspective and ESG solutions. However, further acquisitions remain crucial to ongoing development and scaling,” adds Radosław Świątkowski.

Efforts to finalize the transaction are currently underway, including due diligence across all relevant areas. REINO Capital intends to acquire 100% of the target company’s shares. The shares will be acquired using cash and newly issued shares.

The intention is to finalize the transaction this year and merge the acquired entity into YATRE PZN at the beginning of next year.

“We do not aim to be the largest player in the FM market, but we want to be a significant one—maintaining our identity, high service quality, and remaining a great place to work. We will select future targets with these values in mind. At the same time, further acquisitions significantly enhance our organic growth potential by leveraging internal synergies and sales strength within REINO Group,” explains Radosław Świątkowski.

REINO Group’s plans also include achieving another step-change growth in Assets Under Management (AUM) within the asset management division, as well as the dynamic development of its newly spun-off business line, REINO Development.