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Adapteo provides German school with 1,400 sqm accessible school modules

Adapteo Plc Press Release 19 December 2019

Adapteo has partnered up with the Mecklenburg-Vorpormmern School in German Neukloster, providing them with new and accessible school buildings. The order includes approximately 1,400 square metres of Adapteo’s Vario model. The rental period is set to 16 months with a total value of 1.4 million Euro.

We are proud to be a part of securing that the children in the Neukloster school will get a better school environment that is adapted to their needs. The Neukloster School needed accessible buildings, with spacious sanitary facilities, visual orientation, wide corridors and entrances fit for wheelchairs and assistance, for example. At Adapteo we firmly believe that a brighter, better and more suitable environment is key to better learning and personal development, says Philip Isell Lind af Hageby, President and CEO for Adapteo Group.

The rental period is set to 16 months, and the project was launched in November 2019. Esthetically, the contemporary building makes a striking contrast to the school’s older buildings, dating back to 1862.

The ground-level building was crucial for an undisturbed school-routine within the renovation of our old school. The children have found their way around the new Adapteo school and seems comfortable and happy, says Andreas Käkenmeister, coordinator of the school section of the district of Northwest Mecklenburg where Neukloster is situated.

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For additonal information, please contact

Hanna Wennberg, SVP Marketing & Communication, +46 76 256 10 62, hanna.wennberg@adapteo.com
Niklas Alm, Interim SVP Investor Relations, +46 70 824 40 88, niklas.alm@adapteo.com

Adapteo in brief

Adapteo is a leading Northern European provider of modular space solutions. We operate in Sweden, Finland, Norway, Denmark and Germany. Adapteo is a new brand with over 30 years of experience, born from the acquisition of Nordic Modular Group and the demerger from Cramo. We offer premium modular space solutions to schools, daycare centers, offices, accommodation and events for temporary and permanent needs. In 2018, Adapteo’s pro forma net sales were EUR 221 million. Pro forma net sales include the modular space business of Cramo Plc and acquired Nordic Modular Group’s net sales for full year.

A changing society needs adaptable space. At Adapteo, we make sure everyone has the right kind of space, so that people can grow, and societies can move ahead. We create flexible modular spaces that are good for the planet and great for the future. Adapteo is listed on Nasdaq Stockholm.

www.adapteogroup.com

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