ARES to acquire GCP

ARES has agreed to acquire GCP in a transaction where the deal structure remains unspecified. The target operates across the property and financial services sectors, identified by NaceSectorsL_68 and NaceSectorsK_64. The announcement was made on 5 January 2025, though the specific consideration type and total transaction value have not been disclosed to the public. No information regarding the target country or the final completion date is currently available in the records.

The transaction is currently subject to regulatory approval as it remains in the review phase. Both parties are awaiting the necessary clearances before the deal can proceed to completion. The management team of GCP continues to operate the business while the acquisition process moves forward under the oversight of relevant authorities. Further details on the specific terms of the agreement will likely be released once the review concludes.