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Announced

Completed

DBAG-backed vitronet completed the acquisition of CR Clemens Reuschenbach.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Majority

Completed

Domestic

Single Bidder

Acquisition

Friendly

Private Equity

Construction Services

Private

Germany

civil engineering

Synopsis

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DBAG-backed vitronet, an Essen, Germany-based maker of glass fiber infrastructure products, completed the acquisition of CR Clemens Reuschenbach, a civil engineering company. Financial terms were not disclosed. "With CR Clemens Reuschenbach we have won another specialist supplier for our group, who complements our service portfolio in the areas burst lining, drilling and pressing technology, as well as our local presence usefully. We are looking forward to a continued successful cooperation with Mr Reuschenbach, who has been running the company for many years, and his entire team," Marc Lützenkirchen, vitronet CEO.

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