Announced
Financials
Sources
Tags
Acquisition
civil engineering
Friendly
Pending
Private
Majority
Specialty Contracting
Germany
Single Bidder
Synopsis
MBB, a medium-sized family business, acquired a 60% stake in Friedrich Vorwerk and its subsidiaries. Vorwerk is a civil engineering and plant construction specialist for underground gas, oil, and power lines. Financial terms were not disclosed. With MBB's entry, Vorwerk intends to push its growth organically and via acquisitions in the long term.
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