MBB acquired a 60% stake in Friedrich Vorwerk.

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.

Principals

target

Friedrich Vorwerk Kg

bidder

Mbb

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Seller Team (3)

torben kleinfeldt

Managing Partner at FRIEDRICH VORWERK KG

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target

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kevin loots

Managing Director at FRIEDRICH VORWERK KG

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klaus-dieter ehlen

Managing Director at FRIEDRICH VORWERK KG

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Bidder Team (2)

gert-maria freimuth

Chairman at MBB SE

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christof nesemeier

CEO at MBB SE

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