Construction to services group Balfour Beatty has brought two key businesses together to form what is being called the UK's largest M&E operation. Balfour Kilpatrick and Haden Young ± now combined as Balfour Beatty Engineering Services ± boasts revenues of £600m.Managing Director John Moore said the new business would build on the strong positions the two divisions already had in regional M&E, healthcare, education, power systems and power projects.
Bilfinger Berger
COMPANY WEBSITE
Bilfinger Berger acquires industrial and power plant services provider MCE
01/10/2009
Bilfinger Berger is continuing the expansion of its services business with a major takeover: through the acquisition of 100 per cent of the shares in industrial and power services provider MCE, headquartered in Linz, Austria, Bilfinger Berger's Industrial Services and Power Services divisions grow significantly, further strengthening their leading position in Europe. As of December 31, 2008, the MCE Group employed more than 6,500 staff and generated an output volume of approximately €900 million, an EBIT margin of approximately 5 percent and an EBIT of approximately €45 million. The purchase price amounts to €350 million and the sellers are Deutsche Beteiligungs AG as well as funds managed by them. The acquisition is subject to merger clearance being granted by the European Commission. Financing of the purchase price will be carried out mainly through a capital increase with subscription rights for shareholders of Bilfinger Berger.Like Bilfinger Berger Industrial Services and Bilfinger Berger Power Services, MCE is focused on the design, construction and maintenance of facilities in the process industry and the energy sector. The broad range of services includes piping, mechanical components as well as measurement and control technology. As a full-service provider, MCE undertakes the management of maintenance activities for entire industrial locations, also on an outsourcing basis. MCE's activities are centered in Austria and Germany. The company maintains long-term relationships to key industrial companies and energy providers. "MCE is an excellent addition to our existing services units. We are expanding our range of services and our client base. The acquisition further strengthens Bilfinger Berger's leading position as a provider of industrial and power services", says Executive Board Chairman Herbert Bodner. The services business has been a profitable growth area at Bilfinger Berger for years. The Industrial Services and Power Services divisions have proven robust in the face of the economic crisis. Bilfinger Berger is also very positive about the outlook for the future in the Services segment.
Bilfinger Berger
COMPANY WEBSITE
Serving the pharmaceutical industry: Bilfinger Berger acquires Swiss Rohrbau Group
01/11/2009
Bilfinger Berger continues to expand its services business with the acquisition of the Swiss Rohrbau Group. The industrial services company generates an annual output volume of €55 million, with two-thirds of that total in Switzerland and the remaining third in Germany. The company had previously been management-owned and no details on the purchase price are being disclosed. The acquisition allows Bilfinger Berger Industrial Services to expand its client base and gives it access to the strategically important Swiss market. The Rohrbau Group specializes in the manufacture and assembly of piping systems and devices. The company enjoys a strong market position, especially in the area around Basel which serves as a hub for the European pharmaceutical industry. More than two thirds of turnover is accounted for by this sector. Longstanding client relationships are in place with industry leaders such as Novartis and Merck Serono. The Rohrbau Group is also active in the chemical and fine chemicals industries.
Bilfinger Berger has acquired an 80 percent stake in LTM, a French industrial services provider. The company, which is headquartered in Lyon, generates annual turnover of €40 million with 110 employees. The parties to the sale have agreed not to disclose any details on the purchase price. Within the scope of a management participation model, the remaining 20 percent stake in the company will be retained by the Managing Director who was previously sole proprietor.As the second largest market in Europe for industrial services, France represents an important strategic objective for Bilfinger Berger. LTM has long-term relationships with its clients, particularly those in the pharmaceutical industry including Sanofi Aventis and Sanofi Pasteur. The company is also active at a number of sites in the chemical and petrochemical industries as well as in the energy sector. The service range spans piping and tank construction, measurement and control technology as well as the manufacture and assembly of ready-for-operation components.
Bilfinger Berger
Wall Street Journal
Bilfinger Berger acquires industrial and power plant services provider MCE
01/10/2009
German construction company Bilfinger Berger AG said Tuesday it will pay €350 million ($512.9 million) to acquire Austria's MCE Beteiligungsverwalthungs GmbH.Like Bilfinger Berger, MCE focuses on the design, construction and maintenance of building facilities.
Bilfinger Berger
COMPANY WEBSITE
European Commission approves acquisition of MCE
01/12/2009
The European Commission has approved Bilfinger Berger's acquisition of industrial and power services provider MCE.Bilfinger Berger is thus taking a further step forward in the expansion of its services business. MCE specializes in the design, construction and maintenance of facilities in the process industry and the energy sector; its business operations are centered in Austria and Germany.The services business has been a profitable growth area at Bilfinger Berger for years. In the coming year, more than 50 percent of the Group's output volume will be generated in services for the first time.
Carillion
New Civil Engineer
Carillion sells Enviros to service debts
01/09/2009
Enviros has been sold to Sinclair Knight Merz (SKM) for £27M.
Carillion
i-FM net
Carillion has agreed to sell its IT services division to Capita, the business process outsourcing group.
01/06/2009
Carillion acquired the business when it bought Alfred McAlpine, and it has announced a series of contract wins in recent months
Cofely
i-FM net
Cofathec and Elyo merge
01/03/2009
Two major energy services companies owned by the GDF Suez group, Cofathec and Elyo, have been merged with the aim of consolidating operations and improving visibility in the marketplace. The new business has been rebranded Cofely.The new business has been rebranded Cofely. The change takes place immediately in France and the UK, with operations in other countries to follow. Additional group brands, including Axima (used mainly in Belgium) and GTI (in the Netherlands), will also be replaced.
Faceo
Premises and Facilites Management
Faceo expands in Netherlands and Germany
01/08/2008
Faceo has acquired Delft Facilities, Delft Communication Services and Delft Facilities Projects in The Netherlands, in a move that gives it a strategic position in the strongly growing Dutch FM market. The acquisition comes with a substantial order book and considerable opportunities for expansion in the future.Delft specialise in real estate services, technical management, procurement services, parks management & interim & project management.This acquistion follows closely on the news that Faceo Germany has taken over Cegelec’s technical FM activities in Germany from Cegelec Anlagen which is based in Frankfurt. The service contracts extend primarily to Berlin and the surrounding area. Cegelec will continue to concentrate on its three main core businesses - Integrating Technological Solutions, Systems in Industry and Services (Global Maintenance), and will remain active in the area of industrial maintenance.
Hochtief
Facility Management magazine
Hochtief and Bilfinger Berger
01/08/2008
Hochteif and Bilfinger Berger were once in the frame to purchase Deutsche Telekom subsidiary, DeTelImmobilien und Service GmbH. However, in July 08, Austrian construction company Strabag entered the German FM market, but purchasing DeTelImmobilien. In 2007 turnover was around 1 billion Euros. the largest client is the parent company, Deutsche Telekom and this contract will run for another 10 years. Howeveer, Strabag intends to generate 50% of revenue from Deutsche Telekom and the remainder from other clients.
Johnson Controls takes over Freudenberg Production Service and Buildings Service
01/04/2009
Johnson Controls completed the takeover of Freudenberg Production Service and Building Service. The German Federal Cartel Office approved the transfer for April 1 2009. The merger takes place under the roof of Johnson Controls Industrial Services GmbH which is a company of Johnson Controls Global Workplace Solutions in Germany. This development will give the two former Freudenberg divisions and their 260 employees new market opportunities and greater prospects for the future. "With the two Freudenberg divisions we are strengthening our market position in Central Europe and giving ourselves options for further growth among industrial customers", said Klaus Göthling, Managing Director of Johnson Controls Global WorkPlace Solutions. "We are strengthening our team with highly qualified employees who we know to be extremely motivated and who will bring fresh ideas to drive our business forward."
MITIE
i-FM net
Dalkia in MITIE's sights?
01/07/2009
Amid ongoing rumours that hard services specialist Dalkia has been put up for sale by its French parents, the Independent newspaper has identified MITIE as a possible buyer.According to the Independent, Carillion and Enterprise may also be interested in making a move. Previous rumours focused on Sodexo as Dalkia's prospective suitor.
Sodexo
i-FM net
Sodexo announced today that it has signed with Abe´nex Capital an agreement to acquire 100 % of Score Groupe, one of the leading independent providers of foodservices in France.
01/04/2009
Sodexo announced today that it has signed with Abe´nex Capital an agreement to acquire 100 % of Score Groupe, one of the leading independent providers of foodservices in France. This transaction is subject to approval by the French competition authorities. Sodexo expects to close the transaction during the first quarter of fiscal year 2009.With this acquisition Sodexo reinforces its position in the French foodservices market, which continues to have a strong potential for growth. Score Groupe complements Sodexo's offer, both in terms of targeted offerings by client segment as well as national geographic scope.
VINCI Construction UK Limited
i-FM net
Sign of the times: Vinci buys Cegelec
01/08/2009
Vinci, one of the biggest building companies in the world, has struck a deal to buy Cegelec, one of the leading energy supply and contracting companies in Europe.Cegelec, like Vinci, is France-based but its owner is Qatari Diar, the real estate investment arm of the Qatar Investment Authority.Cegelec operates in more than 30 countries generating a turnover of about £2.6bn. Vinci says that added to its own energy division this would produce a combined figure of about £6.1bn.It also points to benefits in enhanced management capabilities for complex large projects, increased multi-technical maintenance skills, faster penetration into international markets and opening up new markets in emerging countries.
WISAG Service Holding GmbH
Reuters
ThyssenKrupp sells Industrieservice unit to Wisag
01/10/2009
German industrial group ThyssenKrupp (TKAG.DE) has sold its ThyssenKrupp Industrieservice GmbH unit to facility management company Wisag, the companies said on Monday, giving no financial terms.The unit changing hands employs more than 12,500 full- and part-time staff and generates more than 300 million euros ($436.1 million) in sales.A company source had told Reuters last month that Wisag would pay more than 100 million euros for the business, which provides logistics, maintenance and production support for automotive, metal producing and engineering companies.
WISAG Service Holding GmbH
Reuters
Thyssen unit set for over 100 mln eur sale-source
01/09/2009
Facility management Wisag Service Holding was poised to pay an amount in the three-digit-million range for Industrieservice GmbH.Industrieservice provides logistics, maintenance and production support for automotive, metal producing and engineering companies. Analysts have estimated it has annual revenue of around 200 million euros ($290.7 million).
WISAG Service Holding GmbH
Facility Management magazine
Dynamic growth in 2007 (for WISAG)
01/08/2008
2007 was one of the most successful in WISAG's history; growth was organic and through acqusition (HIServ has been successfully integrated into the technical division). With a turnover of Euros 708 Million, WISAG and its subsidairy were number 2 on the German FM market in 2007. Key to its success is the fact it provides as many of the FM services it can itself, rather than contracting out to third parties, and invests heavily in staff training (creating increased staff loyalty).Integration of GTE is still ongoing and the company is buying GlobeGround, Berlin/Brandenburg. This has increased WISAg's propects in the technical and airport services markets.
