#AloisKasper GmbH, founded in 1945 in western #Germany, announced the #acquisition of #TriererAufzugbau Baasch und Didong GmbH, further expanding its footprint in the #Saarland-Rhine-Main area.
Elevator World Inc.’s Post
More Relevant Posts
-
Nimlas Group AB Group - the fourth largest installation group in the Nordics Nimlas Group grew significantly during 2023. The acquisition of the Norwegian group Konstel AS laid the foundation for a new Nordic platform in the installation industry. In Nimlas' existing markets, the expansion continued with several acquisitions in electrical operations in Sweden by Sandbäckens and a number of service-oriented companies in Finland by Quattro Mikenti Group. In 2023, pro forma turnover increased by 58 percent to SEK 8 billion, making Nimlas the fourth largest installation group in the Nordics. At the same time, profitability has strengthened and the adjusted EBITA margin, pro forma, was 6.9 percent, compared to 6.2 percent in 2022. - The strength of Nimlas' strategy lies in the decentralised model with local entrepreneur-driven companies with full responsibility for their business, combined with the advantages of being part of a larger group, says Mikael Matts, CEO of Nimlas Group. Nimlas' long-term goal is to grow the business to a turnover of SEK 12 billion with an EBITA margin of at least 10 percent over the coming years. Finance https://lnkd.in/de9zZ86e #fourthlargest #installationsgroup
To view or add a comment, sign in
-
-
We’re thrilled to share that Olleco Bunge, our sustainable oil joint venture, is continuing its exciting expansion in Europe with its fifth acquisition in Spain and first two deals in the Netherlands. In Spain, Olleco Bunge acquired Savisol Málaga, with operations in the cities of Málaga and Cádiz, which will strengthen its service offering across the region. In the Netherlands, the acquisitions of Klep & Zn Recycling and De-Vetboer, located near Rotterdam and Amsterdam respectively, will bolster Olleco Bunge’s existing Dutch operations to cover the entire Randstad region. The acquisitions will enable Olleco Bunge to achieve synergies with existing operations, offering a unique circular economy solution for edible oils for the hospitality, foodservice and food manufacturing industries. Michael Mackintosh, M&A Director at Olleco Bunge, said: “In the last year, we invested in some great businesses. We’re delighted to welcome Savisol to Olleco Bunge in Spain, where we continue to strengthen our national footprint and deliver an excellent service for customers. We are also very proud and excited to mark our first acquisitions in the Netherlands. Bringing on new colleagues and expanding into new regions are an essential part of our growth strategy and will support us in implementing our circular economy solutions in both countries.” #OllecoBunge #SustainableOil #CircularEconomy
To view or add a comment, sign in
-
-
LTAT: Discussions Regarding Restructuring Plan for Boustead Still Ongoing LTAT has reiterated that the restructuring of Boustead Holdings Bhd is a significant aspect of its strategic plan for the years 2023-2025. Discussions regarding the restructuring plan, which involves delayering the Boustead Group and revamping its governance and operating models, are ongoing among stakeholders. This comes amid reports of Ahmad Nazim Abdul Rahman’s resignation as CEO of LTAT allegedly due to delays in implementing the restructuring plan. https://shorturl.at/exCZ2 #LTAT #BousteadHoldings #thecioleaders #externalevaluations #financialstability #investmentopportunities
To view or add a comment, sign in
-
-
#transactionnews 📰 𝐄𝐥𝐞𝐯𝐞𝐧𝐭𝐡 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐝 𝐭𝐡𝐞 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐖𝐢𝐥𝐝𝐚 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 𝐨𝐜𝐡 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐚𝐝 𝐀𝐁 𝐚𝐧𝐝 𝐍𝐔 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐚𝐝 𝐀𝐁 𝐟𝐫𝐨𝐦 𝐖𝐢𝐥𝐭𝐨𝐧 𝐈𝐧𝐯𝐞𝐬𝐭 𝐀𝐁. The company will strengthen Terranor Group as a new add-on investment and the Goods & Services segment of Mutares. The acquired truck companies are specialists in transporting construction goods and equipment, winter and summer road operations as well as traffic safety support and primarily serve general contractors for road operations as customers. Both companies generated revenues of approx. EUR 10 million in 2023 with significant growth potential in all segments. Robin Laik, CEO of Mutares, comments: “With this strategic add-on acquisition, the Terranor Group leverages the successes, particularly in Sweden, to accelerate the ambitious diversification strategy. This add-on represents another step towards integration of the upstream supply chain. Adding the vast synergy potential of Mutares’ presence in Sweden, we are positioned to solidify our market position as a Swedish leader in the state road operations and maintenance segment.” 👉To the press release: https://lnkd.in/dZ2zhT8N #listed #privateequity #growth #portfolio #mutares
To view or add a comment, sign in
-
-
Investment Banking Associate Director - Mid Market M&A Lead Advisory I Corporate Advisory I Corporate Development
Market News: The El Nino impact is starting to surface its head having largely effected agri and real estate businesses. Yesterday, shares in Elders Limited plummeted 25% during trading yesterday to close at $7.43, after the agriculture and real estate group said first half trading was "significantly below" expectations, impacted by the El Niño. Elders expects underlying EBIT of between $120 million and $140 million for the 2024 financial year. The group's FY23 underlying EBIT was $170.8 million, a 26% drop compared to the previous year. In M&A news: *WiseTech Global enters agreement to acquire Aktiv Data, a provider of electronic customs and freight forwarding solutions in Finland. *Ansell [ASX:ANN] has agreed to acquire the Personal Protective Equipment (PPE) business of Kimberly-Clark, a US-based company, which designs and markets hand, body, and eye protection products under the Kimtech and KleenGuard brands. Deal terms of Cash: USD 640m. *Madison Dearborn has reportedly made a bid to acquire human services provider APM for $1.40 per share. *La Bottega, an Italian contract manufacturer of cosmetics backed by private equity firm The Equity Club, has acquired 70% of Vanity, a privately-held Australian company operating in the same sector. Vanity was founded in 1980 by Paul Tsalikis and has turnover of AUD 50m. *Duni, a Swedish supplier of dining and food packaging solutions, has announced the acquisition of Huskee, an Australia-based company specializing in coffee cups made from waste and recycled materials, by its subsidiary BioPak Group. *WA’s Purpose Ventures VC fund raises $45m and makes its first follow-on investment in PlanCare. Have a great TUESDAY all! #mergers #acquisitions #finance #womeninbusiness
To view or add a comment, sign in
-
-
The majority share of RP Logistics Oy becomes part of the Olmar Finland group. In Kotka, Finland, 21 December 2023 The logistics group Olmar Finland Oy has acquired the majority of the shares of RP Logistics Oy (www.rpgroup.fi). RP Cap Oy (Petri Lempiäinen) has sold its shares on December 19, 2023 to Olmar Finland. The purchase price is not published. Operating primarily in the Ports of Hamina-Kotka and industrial plants in the area, RP Logistics Oy and its subsidiaries form a significant player in their field. The company has extensive material handling equipment, warehouses and outdoor storage facilities, as well as a professional and committed staff of over 100 employees. The group's turnover was almost EUR 20M last year. The company plays a key role as a service provider for forest industry products in the region, such as lumber and pulp/paper producers. Olmar is committed to promoting a sustainable circular economy and reducing the use of petroleum-based plastics. This acquisition is in line with Olmar's commitment. Olmar maintains and improves the services offered to RP Group's customers, while prioritizing the reduction of carbon dioxide emissions from port operations. RP Logistics founder Petri Lempiäinen will continue as an advisor, while Olmar Finland's CEO Timo Lehtinen will take over management responsibility for RP Group's operations and its employees, in addition to the current operations in Pori, in Mäntyluodo and Tahkoluoto. Olmar focuses on investing in strategic port infrastructure, which needs more sustainable processes and investments in digitalization and automation. Petri Lempiäinen tells about the background of the acquisition. "I have managed RP Group for about a quarter of a century and have been able to work with an incredibly skilled and committed team. This is evidenced by the fact that RP Group has been successful in its field year after year. It's often not easy for an entrepreneur to give up, but Olmar shares the same responsible values with me, and that's why it was possible to make the deal. The company gets a good new principal owner. My own work continues in the role of Olmar's advisor and e.g. as chairman of the board of Fenniarail, part-owned by our family company". Media inquiries: Petri Lempiäinen [email protected] +358 40 553 7640 #rpgroup #olmarfinland #acquisitions #logisticsindustry #portsandterminals #csr
To view or add a comment, sign in
-
The billion-dollar acquisitions of Thai billionaires have brought Thailand to become a formidable force in M&A activities in Vietnam and Asia. #MA_Due_Diligence_in_Vietnam, #maduediligenceinvietnam, #MA_Activities_in_Vietnam #maactivitiesinvietnam
Thai Billionaires and M&A Activities in Vietnam
http://www.antconsult.vn
To view or add a comment, sign in
-
The majority share of RP Logistics Oy becomes part of the Olmar Finland group. In Kotka, Finland, 21 December 2023 The logistics group Olmar Finland Oy has acquired the majority of the shares of RP Logistics Oy (www.rpgroup.fi). RP Cap Oy (Petri Lempiäinen) has sold its shares on December 19, 2023 to Olmar Finland. The purchase price is not published. Operating primarily in the Ports of Hamina-Kotka and industrial plants in the area, RP Logistics Oy and its subsidiaries form a significant player in their field. The company has extensive material handling equipment, warehouses and outdoor storage facilities, as well as a professional and committed staff of over 100 employees. The group's turnover was almost EUR 20M last year. The company plays a key role as a service provider for forest industry products in the region, such as lumber and pulp/paper producers. Olmar is committed to promoting a sustainable circular economy and reducing the use of petroleum-based plastics. This acquisition is in line with Olmar's commitment. Olmar maintains and improves the services offered to RP Group's customers, while prioritizing the reduction of carbon dioxide emissions from port operations. RP Logistics founder Petri Lempiäinen will continue as an advisor, while Olmar Finland's CEO Timo Lehtinen will take over management responsibility for RP Group's operations and its employees, in addition to the current operations in Pori, in Mäntyluodo and Tahkoluoto. Olmar focuses on investing in strategic port infrastructure, which needs more sustainable processes and investments in digitalization and automation. Petri Lempiäinen tells about the background of the acquisition. "I have managed RP Group for about a quarter of a century and have been able to work with an incredibly skilled and committed team. This is evidenced by the fact that RP Group has been successful in its field year after year. It's often not easy for an entrepreneur to give up, but Olmar shares the same responsible values with me, and that's why it was possible to make the deal. The company gets a good new principal owner. My own work continues in the role of Olmar's advisor and e.g. as chairman of the board of Fenniarail, part-owned by our family company". Media inquiries: Petri Lempiäinen (For the contact information visit www.rpgroup.fi) #rpgroup #olmarfinland #acquisitions #logisticsindustry #portsandterminals #csr
To view or add a comment, sign in
-
We are pleased to announce that Olleco Bunge continues its ongoing expansion in Europe with its fifth acquisition in Spain and first two in the Netherlands. In Spain, the company acquired Savisol Málaga, with operations in the cities of Málaga and Cádiz, which will strengthen Olleco Bunge's service offering across the region. In the Netherlands, the acquisitions of Klep & Zn Recycling and De-Vetboer, located outside of Rotterdam and Amsterdam respectively, will bolster Olleco Bunge's existing Dutch operations to cover the entire Randstad region. These acquisitions will enable Olleco Bunge to help drive synergies with existing operations, offering a unique circular economy solution for edible oils for the hospitality, foodservice and food manufacturing industries. #Expansion #Growth #CircularEconomy
To view or add a comment, sign in
-
-
Our compounding journey continues, France and Benelux as a next step.
https://lnkd.in/di9qiiEN Hard work typically pays-off. After many moths of company screening and assessment we today signed and closed the acquisitions of Optimol Tribotechnik SA, Optimol Netherlands BV, Optimol France SAS and Greenfluid SAS. Thereby we make market entry into France, Belgium, Luxembourg, and the Netherlands, we strengthen our European position in distribution of specialty products, and we create a platform for top-line synergies with Telko’s existing business. Major congrats to the combined Telko and Aspo team for making this happen!
Inside information: Aspo's subsidiary Telko expands in Western Europe via a strategic acquisition in specialty products
aspo.com
To view or add a comment, sign in