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Announced

Sener Group to acquire a 75% stake in Quark Unlimited Engineering.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

data center engineering

Engineering Consulting

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Sener Group, an engineering and technology group, agreed to acquire a 75% stake in Quark Unlimited Engineering, a data center engineering company. Financial terms were not disclosed. “Through Sener’s offices, we will be able to provide local service in key European countries such as Germany, France, Belgium, Poland and the United Kingdom, and in markets such as Canada, the USA, Australia and Mexico,” said Abad. With Gallego adding: “We expect to build facilities for large companies with quality, innovative projects that improve energy efficiency. This will help us achieve our corporate goal of being carbon neutral by 2030,” Ricardo Abad and Miguel Gallego, Quark CEOs.

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