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  5. Citec Acquires TGB Technisches Gemeinschaftsbüro

M&A Deal Summary

Citec Acquires TGB Technisches Gemeinschaftsbüro

On February 4, 2014, Citec acquired construction company TGB Technisches Gemeinschaftsbüro

Acquisition Highlights
  • This is Citec’s 1st transaction in the Construction sector.
  • This is Citec’s 1st transaction in Germany.

M&A Deal Summary
Date 2014-02-04
Target TGB Technisches Gemeinschaftsbüro
Sector Construction
Buyer(s) Citec
Deal Type Add-on Acquisition

Target

TGB Technisches Gemeinschaftsbüro

Kassel, Germany
The TGB Technical Community agency is a service provider for mechanical structures with approximately 85 employees.

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Buyer(S) 1

Buyer

Citec

Vaasa, Finland
Category Company
Founded 1984
Sector Engineering
Revenue 78M EUR (2019)
DESCRIPTION

Citec provides technical design and information management services to its customers, many of which operate in the energy, oil, and gas industries. Citec was established in 1984 and is based in Vaasa, Finland.

DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2014 M&A 1 of 1
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