Announced
Completed
Financials
Tags
Completed
Majority
Friendly
Acquisition
Germany
IT Services: Other
Single Bidder
it services
Private
Synopsis
Elevion, a full-service electrical and building technology provider, completed the acquisition of Hermos, which provides IT services. Financial terms were not disclosed. "HERMOS fits very well into the Elevion Group not only because of their technical competencies and their performance, but above all due to the active medium-sized entrepreneurship and the family-owned corporate culture. Our two Entrepreneurial families have known each other for over ten years. During this time we kept exchanging visions and thinking about the future together," Lars Eberlein, Elevion Managing Director.
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