ÇIMTAŞ Group has acquired DKW Engineering GmbH
May 2011 — 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.
Our role in the transaction
Oaklins' team in Germany acted as financial advisor to to the buyer in this transaction.
Talk to the deal team
Related deals
ENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreMulti-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its industrial service offering and position in West Zealand, Denmark, expanding its capabilities in electrical installations, specialized piping and metalwork services. As part of Wicotec Kirkebjerg, Rent-Tech gains access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.
Learn moreAKO Wartungs- und Service GmbH has been acquired by Reinburg Gruppe
The sole shareholder of AKO Wartungs- und Service GmbH, a highly profitable German provider of maintenance, inspection and repair services for emergency power generators, had sold 100% of the company’s shares to REINBURG Gruppe, a portfolio company of private equity investor Strada Partners. The acquisition strengthens REINBURG’s position in the technical services sector and expanded its service portfolio in critical power infrastructure. With more than 800 recurring maintenance contracts, a diversified customer base and strong profitability, AKO represents an attractive addition to REINBURG’s growing portfolio of specialized technical service providers. The transaction also secures a long-term succession solution for AKO and establishes a strong foundation for its continued growth and development as part of a larger, private equity-backed group.
Learn more