Click here for printer friendly page
German firm Deutsche Beteiligungs AG to acquire MCE23/01/2007. Source: AltAssets. 
 Deutsche Beteiligungs AG has agreed to acquire 75 per cent of the shares in Austria-based MCE, an industrial service provider, for an undisclosed amount.
Andlinger & Company, the present principal shareholder, will retain a 25 per cent interest in the company.
In 2006 MCE generated sales of about €1bn, according to a statement. The Group employs 8,100 people, of whom 4,600 work in Austria and 2,100 in Germany. It operates from 22 sites in Austria, from 42 sites in Germany and from 18 sites based across the CEE countries.
MCE is comprised of four divisions: MCE Industrial Engineering and Services, MCE Building Technology, MCE Machinery and Steel Construction, and MCE Personnel Services.
Copyright © 2007 AltAssets
|
