Tebodin completes takeover Doebel & Folger
Bunnik, Netherlands, 20 June 2006 - Tebodin Consultants & Engineers (part of Royal BAM Group nv) has reached definitive agreement about the takeover of engineering consultancy Doebel & Folger GmbH, based at Neu-Isenburg (near Frankfurt am Main). This is the successful completion of the talks between Tebodin and Doebel & Folger announced on 9 March 2006. The acquisition strengthens Tebodin’s position in the German market.
Doebel & Folger is a well-established local engineering firm, working mostly in the fields of chemical and pharmaceutical plant design. The firm has an annual turnover of approximately €3.5 million and has 55 employees.
Tebodin Consultants & Engineers is an independent, multidiscipline firm of consultants with a turnover of €165 million in 2005. Tebodin offers clients worldwide the expertise of 2.300 employees, with experience in various markets such as pharmaceuticals, chemical/fine chemical industry, oil and gas industry, food industry, government and consumer goods. Tebodin has about forty offices in Europe, the Middle East and Asia. In Germany Tebodin has offices in Gelsenkirchen, Hamburg, Schwarzheide, Leuna and Wiesbaden.
Further information: A.C. Pronk, + 31 (0)30 659 86 21.