Rohe Group Acquires Hunert of Germany
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Tuesday, 12 August 2008 |
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Rohé Group has acquired Hünert Tanktechnik Gmbh, a key player in the German market, just over a year since Rohe became part of Arques Industries.
Hünert Tanktechnik primarily operates in North Germany and has generated revenues of approximately €12 million in 2007. By means of this strategic takeover, the Rohé Group expands its activities in Germany and increases its consolidated revenues by approximately 10%. Regulatory approval is pending.
Hünert Tanktechnik GmbH headquartered in Gödenstorf, Schleswig-Holstein, is a service provider specialising in the assembly and maintenance of service stations and facilities for clients’ own consumption and ranks among the top 5 suppliers in this segment in Germany. Founded in 1976, the company has six facilities in North Germany with approximately 150 employees.
Rohé will continue the service maintenance agreements of Hünert Tanktechnik as well as the auxiliary business. Jan Satek, CEO of the Rohé Group said "In Hünert Tanktechnik, Rohé has acquired one of the leading key German service station service providers. This improves the Rohé Group’s market position in Germany and places Rohé in a position to service the markets in Northern Europe“.
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