Imtech: acquisition of Värnamo Elservice in the Nordic region
(Thomson Reuters ONE) -
Gouda - Imtech N.V. (IM-AE, technical services provider in and outside Europe)
announces that it has acquired the Swedish technical services provider Värnamo
Elservice AB. With 20 employees, this company realises annual revenues of more
than 2 million euro. This is this year's fourth smaller acquisition in the
Nordic region (Sweden, Norway and Finland).
René van der Bruggen, CEO Imtech: 'Imtech is demonstrating further growth in the
Nordic region, mainly organic but also through various smaller acquisitions.
These acquisitions add either additional technological competences to our
portfolio or form regional strengthening in those areas with little or no Imtech
presence. With the new acquisition a 'white spot' is being filled in the Swedish
region of Småland. This is the fourth smaller acquisition in the Nordic region
this year. Including this acquisition, we have added 100 Swedish and Norwegian
technical specialists to Imtech, who realise total annual revenue of 11 million
euro.'
Värnamo Elservice Profile
The company is an electrical specialist in the Swedish region of Småland, mainly
in the cities of Värnamo and Lagan, where Värnamo Elservice is located. This is
an area with a lot of industrial activity. Värnamo Elservice works principally
for industrial customers, such as Modulpac, Sundström Safety, Opido Plast and
Metall Göte, but is also active in the buildings market, with an almost
proportional distribution of activities between new-build and technical
maintenance. An important client in this market is for instance Corallen. The
Småland region is characterised by considerable investments, including the
establishment and expansion of logistical and industrial companies along the E-
4, the most important motorway in the region.
Growth
Operating from adjacent business premises, the acquisition will enable Imtech to
increase its scale of operations considerably and to benefit for the region's
logistical and industrial growth. There are also synergy advantages in the area
of project management, procurement and administration. All this will lead to
further growth.
Strengthening position in the Nordic region
Earlier this year Imtech acquired the Norwegian Steinar Holbæk, as well as
Swedish technical services providers VVS Montage Dalarna and Fagersta Industri.
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More information
Media: Analysts & Investors:
Pieter Koenders Jeroen Leenaers
Director Corporate Communications Manager Investor Relations
T: +31 655 74 65 85 T: +31 182 54 35 04
E: pieter.koenders(at)imtech.eu E: jeroen.leenaers(at)imtech.eu
www.imtech.eu www.imtech.eu
Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of
electrical solutions, ICT (information and communication technology) and
mechanical solutions. With 28,600 employees, Imtech achieves annual revenue of
more than 5.1 billion euro. Imtech holds strong positions in the buildings and
industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria,
Eastern Europe, Sweden, Norway, Finland, the UK, Ireland, Turkey and Spain, the
European markets of ICT and Traffic as well as in the global marine market. In
total Imtech serves 23,000 customers. Imtech offers added value with integrated
and multidisciplinary total solutions that lead to better business processes and
more efficiency for customers and the customers they, in their turn, serve.
Imtech also offers solutions that contribute towards a sustainable society, for
example in the areas of energy, the environment, water and mobility. Imtech
shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in
the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600
index.
pdf version of press release:
http://hugin.info/130755/R/1616879/515757.pdf
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Source: Imtech via Thomson Reuters ONE
[HUG#1616879]
Unternehmensinformation / Kurzprofil:
Datum: 04.06.2012 - 07:31 Uhr
Sprache: Deutsch
News-ID 152471
Anzahl Zeichen: 4909
contact information:
Town:
Gouda
Kategorie:
Business News
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