Clearwater Corporate Finance ("Clearwater"), UK member of
exclusive international mergers and acquisitions organisation,
IMAP, has advised Dutch-based technical services provider Imtech
N.V. ("Imtech") on its cross-border acquisition of Birmingham-based
technical maintenance and management company, Inviron Limited
("Inviron").
Imtech N.V. is a European based group operating in the fields of
mechanical, electrical and ICT services across a number of sectors
including building services, industrial, power generation, water
and transport. The firm has annual revenues of around
€4.5billion and is listed on the Euronext Stock Exchange as
well as the Dow Jones STOXX 600 index.
Inviron is one of the few companies in the UK that is fully
specialised in technical maintenance & management and forms a
perfect match with Imtech's existing activities in the UK. Inviron
has annual revenues of around £130m and over 1,100 employees.
Imtech can now offer the combination of new build technical
solutions and technical maintenance and management throughout the
entire UK to an enlarged customer base.
Paul Jones, support services partner at Clearwater said: "Imtech
has a clearly defined strategy of developing its capabilities in
the provision of technical services within the UK and the
acquisition of Inviron represents a key step in achieving
this.
"We are delighted to have identified, introduced and advised on
this acquisition for Imtech and the deal is a prime example of the
advisory role that Clearwater offers to its multi-national
clients". Clearwater was originally introduced to Imtech through
their IMAP partner in Belgium.