ÇIMTAŞ Group has acquired DKW Engineering GmbH
ÇIMTAŞ Group has acquired a majority stake in Mannheim-based DKW Engineering GmbH. Financial details have not been disclosed.
ÇIMTAŞ is an Instanbul-based engineering, procurement, fabrication and installation company with global coverage. Incorporated in 1973 in Turkey as a fully owned subsidiary of the world leading contractor ENKA Group, the ÇIMTAŞ Group now consists of 12 companies in Turkey, the Netherlands, China, KSA, Germany and Kazakhstan. This transaction will enable the group to expand the value chain in the power plant engineering, especially in the high pressure piping planning area ,and to strengthen its market presence in the central European region.
DKW Engineering is a Mannheim-based wide scope engineering company providing industry-leading specialized services to discerning customers in the power (including conceptual, planning, basic and detail engineering of high pressure steam and water piping), process and chemical sectors.
Oaklins' team in Germany acted as financial advisor to to the buyer in this transaction.
Talk to the deal team
Related deals
Ausumgaard Biogen has received investment from Eurowind Energy
Ausumgaard Biogen has received investment from Eurowind Energy, supporting the further development of its renewable energy platform and circular business model. The investment represents a key milestone in Eurowind Energy’s biogas strategy.
Learn moreSolrød Biogas has been sold to Bigadan
Solrød Biogas AS, a biogas plant located in Solrød, Denmark, has been sold to Bigadan AS. The acquisition consolidates full ownership and operational management of Solrød Biogas under Bigadan, supporting further development opportunities.
Learn moreMEDIK Hospital Design Group has been acquired by STERIS
The private shareholders of MEDIK Hospital Design Group have sold their shares to STERIS plc. Together, MEDIK and STERIS will expand their offerings for hospitals and ambulatory surgery centers worldwide. MEDIK’s solutions ideally complement STERIS’ existing portfolio, enabling the combined group to strengthen its position as a leading provider of turnkey room solutions in surgical and IPT environments. The MEDIK management team will actively support the next phase of growth.
Learn more