Bilfinger : An initial acquisition to work up an appetite
>Stork Industrial Services to strengthen positions in Netherlands and Belgium - Bilfinger announced the signature of an agreement to acquire Stork’s industrial services from Fluor, a player mainly present in the Netherlands and Belgium with complementary expertise in mechanical and electrical engineering (vs engineering/insulation-scaffolding-painting for Bilfinger).The entity generated 2022 revenues of € 528m and EBITA of € 17m. The price tag works out at € 76m ...Bilfinger SE is a holding company. Through its subsidiaries, Co. develops, builds, maintains and operates facilities and structures for infrastructure, real estate, industry and the energy sector. Co.'s business segments include: Industrial, which is comprised of Industrial Maintenance; Insulation, Scaffolding and Painting; Oil and Gas; Industrial Fabrication and Installation; Engineering, Automation and Control; and Support Services; Power, which is comprised of Power Systems, and Piping Systems; Building and Facility, which is comprised of Building, Facility Services, Real Estate, and Water Technologies; and Construction, which is comprised of Construction, and Infrastructure.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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