BELGRAVIA & CO exclusively advised Imtech Deutschland GmbH & Co. KG (www.imtech.de) and their provisional insolvency administrator Peter-Alexander Borchardt (REIMER Rechtsanwälte) on the sale of Imtech Contracting GmbH to GETEC Group (www.getec.de).
The parties have agreed not to disclose the purchase price. The transaction is subject to approval by the German Federal Cartel Authority.
Imtech Contracting is an energy contracting service provider with a legacy of more than 20 years, serving its customers all across Europe. GETEC Group (“GETEC”) is a leading energy service provider active across various energy markets. Headquartered in Magdeburg/Germany, GETEC has some 1,000 employees. Its 2014 total output exceeded € 720 mil.
BELGRAVIA & CO. acted as the exclusive sell-side M&A advisor on this transaction.
Dr. Björn Röper
BELGRAVIA & CO. GmbH
Stadtpalais, Bayenthalgürtel 26, 50968 Köln
Tel. +49 (221) 98 54 29 21