Announced
Completed
Financials
Tags
power plant technology
Renewable Energy Equipment
pipeline construction
Austria
Acquisition
Completed
Friendly
industrial equipment
Private
Cross Border
Majority
Single Bidder
Synopsis
DIEFFENBACHER, a mechanical engineering, plant systems engineering, and construction company, completed the acquisition of BERTSCHenergy, a plant and pipeline construction company. Financial terms were not disclosed. “The know-how of employees and BERTSCHenergy’s advanced technologies are an excellent fit with the strategic orientation of our company. They are a perfect complement for our Wood and Recycling business units. DIEFFENBACHER will continue to use the existing company headquarters in Bludenz (province of Vorarlberg), maintain the existing product portfolio and plans to take on all 150 employees. We will continue to develop the site with an emphasis on sustainability and reliability to reinforce to both customers and employees our long-term perspective,” Christian Dieffenbacher, DIEFFENBACHER CEO.
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