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REMONDIS completes its purchase of XERVON.
Purchase of the industrial service provider effective from 01 April 2011
05.12.21011 + + + Following the closing of the transaction on Wednesday, 30 November 2011, REMONDIS has now fully completed its purchase of the XERVON Group from ThyssenKrupp. XERVON is now a part of the REMONDIS Group, effective from 01 April 2011, and will be closely connected to the industrial service provider, Buchen, which also belongs to REMONDIS.
Following the takeover by REMONDIS, XERVON will be able to further expand its range of services and thus generate growth. The independence of the XERVON brand shall remain unaffected by the purchase. The company will be run under the name XERVON GmbH within the REMONDIS Group.
Thomas Breitkopf, a board member of REMONDIS AG & Co. KG, stressed, “We are really pleased to have found this perfect strategic addition for our area of industrial services. The integration of XERVON into the REMONDIS Group will mean that XERVON will become the first fully integrated service provider for the industrial sector in Germany. We are happy with this expansion and look forward to working together with our new employees to continue and extend the company’s business in the future.”
XERVON
With over 9,000 employees and a turnover last year of €750m, the Düsseldorf-based XERVON Group is one of the world’s leading companies providing technical services in the area of constructing and maintaining industrial plants.
The majority of its customers can be found in the chemical and petrochemical sectors as well as in the energy and construction industries. Its services range from individual services to comprehensive site management including budgeting, planning and carrying out maintenance work, providing infrastructure services as well as operating ancillary facilities.
REMONDIS
REMONDIS is one of the world’s largest water and environmental service companies with over 500 business locations in 29 countries across three continents. The company’s main goal is to provide professional services that ensure our natural resources are used in an economic and efficient manner. With this aim at the forefront of its activities, REMONDIS is active in the areas of water supply and wastewater treatment, recovering raw materials from waste, developing innovative recycled products and providing alternative sources of energy. With the same commitment, the company also disposes of residual and hazardous waste, once the hazardous content has been minimized, if materials recycling for these products makes neither ecological nor economic sense. By closing material life cycles, REMONDIS is contributing towards protecting the environment as well as helping to prevent water pollution and climate change.
Source:
REMONDIS AG & Co. KG - www.remondis.de
Michael Schneider -
Marketing &, Corporate Communication
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See also: Remondis takes over Eurawasser
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