CBRE to acquire Onnec Group, expanding global data‑center infrastructure services
CBRE Group announced a definitive agreement to buy London‑based Onnec Group for £460 million in cash with an additional earnout of up to £300 million tied to performance targets. The acquisition is expected to add about £370 million in revenue and more than £50 million in core EBITDA for 2027, and to be immediately accretive to CBRE’s core earnings per share. The transaction is subject to customary regulatory approvals and is slated to close by the end of 2026.
Why it matters
The deal will broaden CBRE’s Critical Infrastructure Services line, contributing to its projected $7 billion of infrastructure services revenue in 2027, according to the company’s guidance. The acquisition is expected to be immediately EPS‑accretive, enhancing shareholder value.
Key facts
- 1CBRE will pay £460 million in cash for Onnec. finanznachrichten.de
- 2An earnout of up to £300 million is payable if Onnec meets growth thresholds. finanznachrichten.de
- 3Onnec is projected to generate approximately £370 million in revenue in 2027. finanznachrichten.de
- 4Onnec is projected to deliver more than £50 million in core EBITDA in 2027. finanznachrichten.de
- 5CBRE expects its Critical Infrastructure Services line to generate nearly $4.5 billion of total revenue in 2027, contributing to overall infrastructure services revenue of nearly $7 billion. finanznachrichten.de
- 6The transaction is expected to close around the end of 2026, subject to regulatory approvals. citybiz.co
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.