Vanguard Properties invests in BAMER Portugal

The agreement celebrating the entry of Vanguard Properties into BAMER Portugal, which acquires 50% of the company's capital from Grupo Higher, was concluded today.

BAMER Portugal, one of the leading Iberian companies in producing office partitions and tailor-made carpentry for offices, housing and hotels, takes an essential step by including a new investor in its shareholder structure. For BAMER Portugal, this association will allow the reinforcement of investments and production capacity as well as commercial expansion, also taking advantage of the synergies created within the group of companies supported by Vanguard Properties.

With this acquisition, BAMER Portugal will continue to respond to national and international demand in the office and hotel segments. It will also strengthen its real estate development market position by producing carpentry for various Vanguard Properties investments.