The international engineering group Artelia Group has entered into an agreement to acquire 100% of the shares in Kuben Management.
Kuben Management specialises in project development and client advisory services, including urban and residential development for social housing organisations, public sector clients and private investors. The company has 120 employees across three offices in Denmark and has historically been involved in the development and construction of more than 160,000 homes.
Artelia Group is an international engineering consultancy with more than 11,000 employees and operations in over 40 countries. In Denmark, Artelia Group employs more than 1,500 people.
The acquisition strengthens Artelia Group’s position within project development and client advisory services. Kuben Management will continue to operate as an independent company under Artelia Group’s ownership.
The transaction is subject to approval by the competition authorities and is expected to be completed in 2026.
Accura advised Artelia Group in connection with the transaction.