Advised on Sale of CompanyBuilding Products & Services
Acquired 100% of Shares
Passavant Roediger Umwelttechnik GmbH, subsidiary of Bilfinger Berger AG acquired 100% of the Noggerath Group. Subject to the transaction were two German and one French based entities. The acquisition of Noggerath allows Passavant-Roediger to further expand its competence and market position.
A manufacturer of liquid and solid separation and residuals handling equipment for municipal sewage and industrial water treatment and a provider of maintenance services to a broad section of industrial and public authority clients. The Group has its own subsidiary in France and a global network of some 30 qualified distributors.
Specialized in the turnkey construction of sewage and water treatment plants with a strong international clientship and service network. Bilfinger Berger has sold 82 percent of its shares in Passavant-Roediger Umwelttechnik GmbH, to Drake & Scull International PJSC (Dubai).
IMAP initiated the transaction on behalf of the shareholders of Noggerath GmbH and handled it in all its phases.