Rotring Engineering AG has been acquired by Bilfinger Berger Power Services
The Bilfinger Berger Group has acquired all shares in Rotring Engineering AG, a globally active specialist in fuel gas systems for oil and gas fired power plant turbines, for an undisclosed consideration.
As a supplier to the power plant industry, Rotring occupies a leading position in its market segment. Its product range includes the design, delivery and installation of complete systems for the processing of liquid and gaseous fuels. The COO will continue to manage the company.
The core business of the Bilfinger Berger Power Services Group is boiler technology, piping technology, power and environmental engineering, and mechanical and apparatus engineering.
Oaklins' team in Germany advised the owners of Rotring Engineering, among them the management, on the sale of their shares. In an international tendering procedure, Bilfinger Berger turned out to be the best buyer in terms of transaction conditions and strategic fit.
Sprechen Sie mit dem Deal-Team
Transaktionen
TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy
TotalEnergies and SHV Energy have agreed to sell PitPoint.LNG, a Netherlands-based operator of state-of-the-art LNG refueling stations, to ViGo Bioenergy, a Germany-based developer and operator of refueling stations for alternative fuels. With this strategic acquisition, ViGo Bioenergy expands its international station network for alternative fuels and strengthens its European bio-LNG position.
Mehr erfahrenSibelco has received strategic advisory related to the exit of a minority shareholder
SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.
Mehr erfahrenArbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood
Arbo Windows, a leading Latvian producer of wooden windows and doors, has acquired Arlanga Wood, a leading Lithuanian producer of wooden windows and doors, creating the largest wooden windows producer in the Baltic states. The combined group has over 200 employees and generates over US$20 million of annual revenues.
Mehr erfahren