|
| Tuesday, 15 May 2012, 13:00 HKT/SGT | |
| |  | |
Source: M+W Group | |
|
|
|
|
| Acquisition of Reliable Plant Solutions (RPS) GmbH |
Stuttgart, Germany, May 15, 2012 - (ACN Newswire) - The international engineering and construction company M+W Group, Stuttgart (Germany), has signed a contract to acquire Reliable Plant Solutions (RPS) GmbH based in Schkeuditz near Leipzig (Germany). Through the acquisition, M+W Group strengthens its Energy & Environment Technologies business segment. RPS designs and builds power plants fired by both conventional and renewable fuels. The engineering company has more than sixty employees involved in power plant projects in Europe, Asia, and the Middle East. In addition to design and construction, the company's services include component procurement and commissioning of power plants. The purchase price has not been disclosed. The transaction is subject to approval by Germany's Federal Cartel Office.
"This acquisition will give us an opportunity to provide our customers with turnkey power plant know-how from a single source all over the world", M+W Group CEO Jrgen Wild commented on the signing of the contract. RPS managing partner Dr. Bernd Kulbe added: "The global M+W Group organisation will give us more access to international power plant projects as well as the special project management competences available within the Group in the field of large, complex projects." The two companies have already established a good track record of mutual collaboration in joint projects over the last two years.
The RPS acquisition will enable M+W Group to provide a complete range of expertise in the design and construction of power plants fired by renewables and fossil fuels.
About M+W Group ( www.mwgroup.net ):
M+W Group is the leading global engineering, construction and project management company in the fields of Advanced Technology Facilities, Life Science & Chemicals, Energy & Environment Technologies and High-Tech Infrastructure. From concept development to turnkey services the company manages projects of all sizes ensuring rapid realization, high quality standards and cost-effective completion. With its competence to link process and automation technologies and complex facilities to integrated solutions M+W Group primarily focuses on leading companies in the fields of electronics, photovoltaics, life science, chemicals, energy, automotive, security and communication, as well as research institutes and universities. M+W Group GmbH is the holding company with headquarters in Stuttgart, Germany. According to preliminary figures the company, which employs more than 7,000 employees, generated an order intake of 2.59 billion euros and revenues of 2.48 billion euros in 2011. During 2012 M+W Group will celebrate its 100th anniversary. M+W Group is owned by the Austrian Stumpf Group that is globally successful in the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and Technology Investments.
More information about RPS: http://rps-solutions.de/index.php?L=1
Press contact:
Michael Gemeinhardt
Phone: +49 711 8804-1420
Mail: michael.gemeinhardt@mwgroup.net
Topic: Merger & Acquisition
Source: M+W Group
Sectors: Energy, Alternatives
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| M+W Group |
| Mar 15, 2017 21:00 HKT/SGT |
|
M+W Group receives Chinese Grade A License as a Building Project General Contractor |
| Apr 16, 2015 16:20 HKT/SGT |
|
Mark Garvey appointed new Chief Executive Officer for M+W Group's Asia-Pacific region |
| Apr 15, 2015 09:00 HKT/SGT |
|
Mark Garvey appointed new Chief Executive Officer for M+W Group's Asia-Pacific region |
| Oct 6, 2014 16:00 HKT/SGT |
|
M+W Group Receives Major Contract for Merck's New Pharmaceutical Facility in China |
| May 10, 2013 14:00 HKT/SGT |
|
M+W Group at AchemAsia 2013 with Integrated Solutions for the Biotech, Chemical, Consumer Care, Nutrition and Pharmaceutical Industries |
| Feb 29, 2012 15:00 HKT/SGT |
|
M+W Group Wins Major Contract for the New Infineon Semiconductor Plant in Malaysia |
| Oct 28, 2011 17:57 HKT/SGT |
|
M+W Group Breaks 7,000-employee Barrier |
| Oct 25, 2011 10:00 HKT/SGT |
|
M+W Group completes an ultra-modern paint manufacturing facility for Jotun in Malaysia |
| May 28, 2010 12:00 HKT/SGT |
|
M+W Group at the AchemaAsia Show in Beijing: Integrated Solutions for Pharmaceutical, Biotech, Chemical, Food & Beverages, Nutritional, Microelectronic and PV Industries |
| Dec 18, 2009 08:18 HKT/SGT |
|
From 1st January 2010 M+W Zander Will Have a New Name and Logo: M+W Zander is to Become M+W Group |
| More news >> |
 |
|
|
|
