Announced
Financials
Sources
Tags
Majority
Germany
Domestic
Single Bidder
technical facility management services
Construction Services
Acquisition
Private
Private Equity
Pending
Friendly
Synopsis
Exyte, a company specializes in the design, engineering, and delivery of high-tech facilities, agreed to acquire Kinetics Group, a provider of installation services, equipment, as well as technical facility management. Financial terms were not disclosed. "Whether it's semiconductors, battery cells or biopharma – clients in our target sectors continue to invest in expanding their capacities. Kinetics is a perfect complement to Exyte to benefit from these ongoing investments in high-tech facilities. Together, we will seize the emerging opportunities and continue to offer our customers innovative and reliable solutions," Wolfgang Büchele, Exyte CEO.
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