Mubadala eyes slice of German facility manager Apleona: Abu Dhabi sovereign wealth fund Mubadala inked an agreement to acquire a minority stake in German-born integrated facility management firm Apleona for an undisclosed sum, according to a press release. Mubadala’s investment was made alongside a consortium led by Bain Capital’s private equity team in Europe. The exact size and value of the stake were not disclosed.

The move — which is still pending customary and regulatory clearances — is set to fuel Apleona’s expansion across Europe and its digital transformation. This includes investing in AI-driven technologies, such as data-based control systems for heating, ventilation, and air conditioning (HVAC) and predictive maintenance solutions for building management systems.

About Apleona: Founded in 2016, the company operates in over 30 countries including the UAE and Egypt. Apleona offers a wide range of real estate and facility management services, interior fit-outs, and building technology.

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