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Synopsis
AURELIUS-backed BPG Building Partners Group, a construction services provioder, completed the acquisition of GSB Gerüstbau, a scaffolding and construction services provider. Financial terms were not disclosed. "With the acquisition of GSB Gerüstbau, BPG continues to consistently pursue its strategy of positioning itself as the leading scaffolding and construction logistics company in Germany. The acquisition of GSB Gerüstbau is of particular strategic importance since it will help to increase our market share in the Rhein-Neckar and Rhein-Main regions," Alexander Steinberg, BPG Group CEO.
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