The buyer is a leading international industrial services provider. The Group enhances the efficiency of assets, ensures a high level of availability and reduces maintenance costs. The portfolio covers the entire value chain from consulting, engineering, manufacturing, assembly, maintenance and plant expansion to turnarounds and includes environmental technologies and digital applications.
The company's product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. The company buyer has two operating segments: Industrial (majority of total revenue) and Building & Facility. The company constructs and modernizes plants in the process industry and implements technology to improve operations. In addition, it develops and sells real estate properties and provides services for the water and wastewater sector. The majority of sales derive from Europe, with Germany being an important region for the company.
The company relies on customized solutions to generate benefit through digitalization for customers in the process industry. Using Big Data as a basis and combining it with the application of artificial intelligence, the company’s experts leverage their extensive process knowledge from industry in addition to their IT knowledge. As an experienced industrial services provider, the buyer can optimally integrate digital solutions into customers' production processes.
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The company delivers its services in two service lines: Engineering & Maintenance and Technologies. The buyer is primarily active in Europe, North America and the Middle East. Process industry customers come from sectors that include chemicals & petrochemicals, energy & utilities, oil & gas, pharma & biopharma, metallurgy and cement. With its more than 30,000 employees, the buying company upholds the highest standards of safety and quality and generated revenue of €3.5 billion in financial year 2020.
The company uses digital technologies to increases the competitiveness of companies. With intelligent solutions, the company supports process industry customers every step of the way as they move toward a successful digital transformation. In order to ensure that digitalization progress achieve long-term success, the buyer takes into account more than just the appropriate technology: In cooperation with strong partners, this buyer also brings the necessary mindset change companies and makes it possible for the employees to experience the value added by digital solutions.
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