The Dussmann Group acquired the STS Group.

The Dussmann Group acquired the STS Group, an experienced provider of electrical engineering, instrumentation design and commissioning services. Financial terms were not disclosed. Dr. Wolfgang Häfele, Dussmann Group Executive Board Spokesman comments: “We recently reported on the progression of the “Dussmann Next Level” strategy program, the establishment of the new company division, Dussmann Technical Solutions, or DTS, and the finalisation of a major strategic acquisition. I am now happy to announce that we have completed the acquisition of STS. STS is a first-class technical services provider, operating across multiple regions with a blue-chip client list. It will form the cornerstone of DTS and complement the technical engineering services that we already offer: refrigeration and air-conditioning by DKA Germany and elevator systems and services by HEBO Germany”.