M&A Deal Summary

thyssenkrupp Acquires Standardkessel

On December 7, 2005, thyssenkrupp acquired engineering company Standardkessel from HTP Investments

Acquisition Highlights
  • This is thyssenkrupp’s 1st transaction in the Engineering sector.
  • This is thyssenkrupp’s 1st transaction in Germany.

M&A Deal Summary
Date 2005-12-07
Target Standardkessel
Sector Engineering
Buyer(s) thyssenkrupp
Sellers(s) HTP Investments
Deal Type Add-on Acquisition

Target

Standardkessel

Duisburg, Germany
Standardkessel GmbH is an international supplier of services for all aspects of energy and power generation plant: maintenance, upkeep, repair, efficiency enhancement of the boilers as well as maintenance of flue-gas desulphurization units and heat exchangers in conventional power plants.

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Buyer(S) 1

Buyer

thyssenkrupp

Essen, Germany
Category Company
Founded 1811
Sector Diversified
Employees101,592
Revenue 37.5B EUR (2023)
DESCRIPTION

thyssenKrupp is a multinational conglomerate corporation operating two divisions Materials and Technologies. The Materials division produces carbon steel, and stainless steel, and as well as produces material services while the Technology Division focuses on elevator, plant and components technology, and marine solutions. thyssenKrupp was founded in 1811 and is based in Essen, Germany.

DEAL STATS #
Overall 2 of 17
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 12
Country (Germany) 1 of 5
Year (2005) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-01 Triaton

Krefeld, Germany

Triaton is one of Germany's largest independent IT service providers.

Sell $464M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-30 Atlas Elektronik

Bremen, Germany

Atlas Elektronik is a company for electronics and systems and specializes in equipment and systems for naval forces.

Buy -

Seller(S) 1

SELLER

HTP Investments

Category Private Equity Firm
Founded 1990
Size Small
Type Sector Agnostic
DESCRIPTION

HTP Investments is a private equity firm focused on acquiring middle-market companies in Western Europe. HTP Investments was formed in 1990 and is headquartered in Amsterdam, the Netherlands.

DEAL STATS #
Overall 1 of 9
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 7
Country (Germany) 1 of 5
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Standardkessel Lentjes

Germany

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 BTE Nederland B.V.

DR Andelst, Netherlands

BTE Group is a concrete industry in Western Europe, a partner for large parties. Partly spurred by the parent companies of BTE continuously raise the bar higher.

Sell -
Mergr

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