|The German supplier of thermal waste treatment plants Fisia Babcock Environment GmbH has been acquired by Nippon Steel & Sumikin Engineering (Japan).|
|Target Company Name||Fisia Babcock Environment GmbH|
|Buyer Name / MBO Team / MBI Team||Nippon Steel & Sumikin Engineering Co., Ltd.|
Nippon Steel & Sumikin Engineering Co., Ltd. (NSENGI - Tokyo, Japan) acquires 100% of the shares of Fisia Babcock Environment GmbH (FBE - Gummersbach, Germany) for M€ 139.3 from Salini-Impregilo S.p.A.
NSENGI (www.eng.nssmc.com/english) leading Japanese engineering company with about €2.3 billion turnover and 100% subsidiary of Nippon Steel & Sumitomo Metal Corporation Group.
FBE (www.fisia-babcock.de) is a leading supplier in the European environmental plant market with a workforce of appr. 300 employees and concentrates on the engineering and construction of plants for thermal waste treatment and flue gas cleaning. The company has integrated the environmental know-how, key employees and references with the predecessor companies Deutsche Babcock Anlagen GmbH, Noell KRC Energie- und Umwelttechnik GmbH and L. & C. Steinmüller GmbH and merged three of the most reputed and traditional enterprises in the field of environmental technology. This comprehensive knowledge of the former companies in all aspects of thermal waste treatment and flue gas cleaning enables Fisia Babcock Environment GmbH to be the most competent and innovative partner for clients in the solution for their problems in the area of environmental protection. The range of plants already constructed worldwide and the broad variety of ultra-modern technologies we offer sufficiently document our experience.
Vaccani, Zweig & Associates initiated the transaction and provided strategic and business due diligence, market analysis and valuation support to the buyer in 2014
|ICFG Office||Zurich: A. Vaccani & Partners, Switzerland|
|ICFG Advisory||ICFG Zurich initiated transaction and supported the buyers.|