DAX ®13.345,00+0,16%TecDAX ®3.157,65+0,19%Dow Jones28.734,45+0,04%NASDAQ 1009.101,61+0,12%
finanztreff.de

PRESS RELEASE: Friedrich Vorwerk completes acquisition of Bohlen & Doyen

| Quelle: Dow Jones Newsw... | Lesedauer etwa 2 min. | Text vorlesen Stop Pause Fortsetzen


DGAP-News: MBB SE / Key word(s): Mergers & Acquisitions/Investment
Friedrich Vorwerk completes acquisition of Bohlen & Doyen
2019-12-10 / 14:42
The issuer is solely responsible for the content of this announcement.

*Friedrich Vorwerk completes acquisition of Bohlen & Doyen*

Berlin, 10 December 2019 - Friedrich Vorwerk KG (GmbH & Co.), a subsidiary
of MBB SE (ISIN DE000A0ETBQ4), today completed the acquisition of 100% of
the shares in Bohlen & Doyen Bau GmbH and Bohlen & Doyen Service &
Anlagentechnik GmbH (hereinafter jointly referred to as "Bohlen & Doyen").

Bohlen & Doyen is a leading provider of pipeline, cable and plant
construction for gas and electricity grids. In 2019, the company will
generate profitable revenues of more &euro90 million with 490 employees.
Bohlen & Doyen has excellent expertise in horizontal drilling, which is of
central importance in the laying of pipes for power lines.

Together with Bohlen & Doyen, Vorwerk will generate annualised revenues of
over &euro 200 million in 2019 with more than 1,200 employees. Thanks to
this acquisition, Vorwerk considers itself ideally positioned to capitalise
on the German "Energiewende" and the associated billions of investment into
the German gas and electricity grids.

MBB together with Bohlen & Doyen now generates consolidated revenues of over
&euro 660 million on an annualised basis with around 3,500 employees. The
MBB Group continues to have considerable net liquidity and plans to grow
also through acquisitions going forward.

MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
request@mbb.com
www.mbb.com

Executive Management
Dr Christof Nesemeier (CEO)
Dr Constantin Mang
Klaus Seidel

Chairman of the Board
Gert-Maria Freimuth

Court of Registration
Berlin-Charlottenburg Local Court, registration number: HRB 165458

2019-12-10 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: MBB SE
Joachimsthaler Strasse 34
10719 Berlin
Germany
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: anfrage@mbb.com
Internet: www.mbb.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
EQS News ID: 932461

End of News DGAP News Service

932461 2019-12-10



(END) Dow Jones Newswires

December 10, 2019 08:42 ET ( 13:42 GMT)
Werbung

Das könnte Sie auch interessieren

News-Suche

Suchbegriff:

Aktuelle Videos

zur Mediathek
Werbung

Werbung
Diese Seite empfehlenschliessen
Interessant, oder?
Teilen Sie diese Seite auf Facebook oder Twitter
Wenn Sie auf die Teilen-Buttons klicken und sich bei den Betreibern einloggen, werden Daten an den jeweiligen Betreiber übermittelt. Bitte beachten Sie die Datenschutzerklärung.
Aktuelle Umfrageschliessen
Der Medienkonzern Axel Springer will sich von der Börse zurückziehen. Werden Sie das Unternehmen an der Börse vermissen?
Jetzt abstimmen!
Alle Umfragen ansehen