Go to deals
Construction & Engineering Services | TMT

Baas Research & Development has been acquired by VoestAlpine AG

Baas B.V., a subsidiary of TBI Holding B.V., has successfully sold its research and development division Baas R&D to VoestAlpine A.G. for an undisclosed consideration.

Baas R&D is an independently operating research, development and consultancy division, specialized in innovative practical applications in optoelectronics and optical fiber technology. Baas R&D has developed and manufactured various applications for the railway environment, which have been successfully implemented in several countries both within and outside Europe. Tiemen Schra, CEO of Baas B.V., expects continued growth and an even stronger market position for the company in the future: “Baas R&D has a very good strategic fit with VoestAlpine. VoestAlpine will enable the company to capitalize on its unique know-how and to further develop and broaden its product range as well as expand its position to new geographical markets.”

VoestAlpine is an international steel company and the largest railway producer in Europe. Through its subsidiary SST Signal & Technik GmbH, VoestAlpine also has a strong focus on the market for railway infrastructure monitoring. Thomas Starzer, Senior Vice President Internationalization of VoestAlpine, commented: “From the moment we were approach by the Dutch team, I was convinced that the products and know-how of Baas R&D were a strong addition to our current portfolio. The team had a professional approached throughout the acquisition process.”

Baas B.V. is a technical service provider focused on infrastructure, data and telecommunications networks as well as technical installations. It is a subsidiary of TBI Holding B.V. TBI is the third largest technical service provider and fourth largest building company in the Netherlands.

Oaklins' small cap advisory team in the Netherlands acted as M&A advisor to the seller in this transaction.

Parties

Talk to the deal team

Adse de Kock

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Oscar van Leeuwen

Director
Amsterdam, Netherlands
Oaklins Netherlands

Related deals

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International
Real Estate | TMT

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International

The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.

Learn more
GARAIO has been acquired by Netrics Group.
Private Equity | TMT

GARAIO has been acquired by Netrics Group.

Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.

Learn more
G/O Media Inc. has sold Gizmodo to Keleops AG
Private Equity | TMT

G/O Media Inc. has sold Gizmodo to Keleops AG

G/O Media Inc. has sold Gizmodo, a premier international media outlet dedicated to technology, to Keleops AG. The acquisition represents a major milestone for Keleops, already one of Europe’s largest groups of digital media publishers in the consumer technology sector. By expanding its reach within the industry and on an international scale, Keleops expects to double its current audience, fostering greater brand awareness and engagement.

Learn more