Translation from original Press Release July 2022.
Following the recent acquisitions of Jörg Seidenspinner Garten- und Landschaftsbau GmbH and Landscape Garten- und Landschaftsbau GmbH, idverde Germany is pleased to announce the acquisition of Gzimi Garten- und Landschaftsbau GmbH. The Munich-based company currently employs around 70 staff and has been a leading expert for outdoor facilities, sports fields and green roofs in the region since 2005.
In addition to green roof gardens, Gzimi focuses on house builders and on urban facilities, schools, municipalities and sports fields. For example, the company created both Oertelplatz and Südpark as well as numerous playgrounds and sports fields in Munich. idverde and Gzimi share a common vision of an innovative and sustainable future for gardening and landscaping.
Green expertise in southern Germany
With Gzimi, idverde further expands its presence in southern Germany. The company is one of the largest landscaping providers for large and complex projects in Bavaria. "Gzimi is a strong base for us in Bavaria and, after Mainz and Stuttgart, extends our green footprint into south-eastern Germany”, says Jan Jörgenshaus, CEO of idverde Germany. “Bringing Gzimi on board gives idverde the benefit of many years of experience and fresh perspectives while also providing an opportunity for Gzimi to thrive and prosper, fully leveraging the strengths of the idverde Group.”
Working together for growth
Gzimi has a reputation for motivation, team spirit and mutual growth, which makes the idverde match an ideal one: "As part of an international group, completely new opportunities will open up for us and our employees - be it through the strong network within Germany or the Europe-wide collaboration,” says Christopher Nolde, who runs the business together with founder Gzim Krasniqi.
idverde is acquiring Gzimi through insolvency plan proceedings, subject to formal approval by the company's creditors and the competent court, which is expected in the near future. Even during the current insolvency proceedings, the Munich-based company is benefiting from the close cooperation with idverde and is already investing strongly into the future. "We appreciate the trust idverde has placed in us and look forward to shaping the green world of tomorrow together," says Gzim Krasniqi.
idverde is looking to continue its expansion during this year and is in ongoing discussions with interested companies. "idverde’s growth in Germany makes us proud as a group and is a positive development for the European landscaping market. We are delighted to welcome the management team and staff at Gzimi to idverde and look forward to our mutual growth," says Olivier Brousse, CEO of the idverde Group. To further strengthen the dialogue with the industry, idverde Germany will also be represented at the GaLaBau trade fair in Nuremberg in September 2022.
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