Pörner Group has competed a valuation

Pörner Group has competed a valuation to determine its market value.

Pörner Group is the leading independent engineering contractor for process plants in central Europe, with main offices in Vienna, Austria. With 50 years of experience in the process industry, Pörner employs approximately 580 engineers and specialists at ten locations in five countries. The company offers a full range of engineering services for both new and refurbished process plants for refineries and petrochemical, chemical, gas, power generation and pharmaceutical industries, as well as environmental and Industrial production. Pörner is the world number one in bitumen oxidation. The Biturox® oxidation procest produces high-quality bitumen from a wide range of crude and refine intermediate products through chemical conversion. Pörner has build over 60 Biturox® plants worldwide.

Oaklins’ team in Austria completed a valuation (fairness opinion) about Pörner Group’s market value on behalf of one of its shareholders.