Kraftanlagen Acquires H & R Industrierohrbau
Kraftanlagen acquires the industrial services provider specialising in the maintenance and construction of pipelines in production plants H & R Industrierohrbau.
The Industry business unit thus increases capacity in Western Germany and expands its range of solutions for the pharmaceutical industry.
Strategic acquisition
With effect from the turn of the year, Kraftanlagen Energies & Services has acquired H & R Industrierohrbau GmbH, based in Frankfurt am Main, as a wholly owned subsidiary.
H & R Industrierohrbau is an industrial services provider specialising in the maintenance and construction of pipelines in production plants. The core of its business activities is turnkey pipeline construction, i.e., the complete piping and heavy installation of apparatus and production plants such as distillation or refining plants and their associated supply lines for supply, cooling water or fire extinguishing systems.
H & R Industrierohrbau is also active in the construction of special apparatus for the chemical and pharmaceutical industries. The portfolio also includes planning through to final assembly of ultra-pure media and sterile systems for input materials such as gases, biochemicals, pharmaceuticals, foodstuffs and chemicals used in production processes.
Increasing range for pharmaceutical industry
The company, which has sites in Frankfurt am Main, Ingelheim and Bottrop, has about 100 employees. As a unit, it will strengthen the Industry business unit of Kraftanlagen Energies & Services. Its head, Mario Vouilleme, says: “With the purchase, we are increasing our capacities in Hesse, North Rhine-Westphalia, and Rhineland-Palatinate and, among other things, expanding the range of solutions for the pharmaceutical industry. After we covered the engineering side in the region in September 2021 with the purchase of Kiel Engineering GmbH and the subsequent expansion of ECM Nord, the acquisition of H & R now completes our integral offer for our customers with the execution side.”
Alexander Hock, Managing Director of H & R and new Head of the ‘Central Region’ in the Industry business unit explains: “This is a valuable step towards a secure joint future. Not only will our jobs and locations be preserved, we also now have great development opportunities as part of the Kraftanlagen Group. For our customers, we will continue to be a reliable partner.”
Kraftanlagen Energies & Services GmbH parted company with its subsidiary FINOW Rohrsysteme GmbH on 1 August 2022. The buyer and new shareholder Technoenergy AG, based in Switzerland, is interested in a long-term investment, and the general conditions mean good prospects for the future for all parties involved.
The purchase supports the strategic expansion of Technoenergy AG core businesses in order to provide a wider range of competitive solutions to end-users and EPC companies all over the world while guaranteeing further investments and development of FINOW’s operations.
The range of services offered by Technoenergy AG subsidiary companies includes the procurement, production, and prefabrication of piping systems for power plants, for the petrochemical industry and for the oil and gas industry. In addition to manufacturing comparable to FINOW, the company also has extensive engineering capabilities.
“FINOW has been part of the Kraftanlagen Group since 2007 and has stood for our Fabrication business unit ever since. We look back with pride on what we have achieved together in numerous projects and are convinced that with this new development we have found a sustainable solution for all concerned. We wish the company and its staff all the best for the future,” Kraftanlagen CEO Alfons Weber, stated.
