Gimv subsidiary KÖBERL Group acquires pipe cleaning service RRS and THG
Munich — The Gimv portfolio company KÖBERL Group with Fink Gebäudetechnik GmbH & Co KG consolidates the main location Munich in the pipe cleaning and sewage technology by acquiring the established specialist companies Rohrreinigungs — Service RRS GmbH and THG Abwassertechnik GmbH. The managing partner, Andreas Stauber, remains on board and takes a stake in the KÖBERL Group. The parties have agreed not to disclose details of the transaction.
The aim of the KÖBERL Group is to build up a leading full-service provider in building technology and facility management in Germany. Rohrreinigungs — Service RRS GmbH (hereinafter also “RRS”) and THG Abwassertechnik GmbH (hereinafter also “THG”) expand this attractive business division of Fink Gebäudetechnik. This will make the Group a leading provider in this segment in the greater Munich area as well. The specialized companies are known for their customer proximity as well as technical competence, availability paired with the most modern technical equipment. This merger not only increases the recurring revenue of the KÖBERL Group, but also represents an ideal strategic addition.
Andreas Stauber explains the merger: “Both RRS and THG have enjoyed an excellent reputation in the greater Munich area for several decades. I am therefore very pleased to have found a strong partner for the future of both companies in the KÖBERL Group, which not only values today’s strong market position but also intends to continue growing together. In particular, I am looking forward with great anticipation to the synergies with Fink Gebäudetechnik that are still to be leveraged. Within the framework of a very intensive process, the entrepreneurial approach of the KÖBERL Group, with Gimv as an experienced and financially strong investment company in the background, was ultimately decisive.”
Armin and Karl Köberl, managing partners of the KÖBERL Group, comment: “With RRS as well as THG we welcome two more members to the KÖBERL Group. Both companies belong to the most renowned companies in the field of pipe cleaning and sewer rehabilitation in the Munich area and complement our portfolio in the field of building services but also building management. This enables us to respond even better to the wishes and requirements of our customers and partners. We are very much looking forward to an exciting and interesting cooperation that will further increase the Group’s potential.”
“With RRS and THG, we are pleased about excellently fitting new additions to the group and are proud that the partnership approach of the KÖBERL Group with Mr. Köberl has convinced”, says Maja Markovic (photo © GIMV), partner of Gimv and advisory board member of the KÖBERL Group. “The merger is another important strategic step for the Group towards becoming a leading full-service provider.”
About the KÖBERL Group
The agile group of companies is a growing technically-savvy full-service provider of building technology and facility management services for residential and commercial properties as well as industrial customers in Germany with around 650 employees. In addition to technical building equipment for heating, air conditioning, ventilation and refrigeration, the Group focuses on technical building management and integrated facility management. https://koeberl.group/.
About pipe cleaning service RRS GmbH and THG Abwassertechnik GmbH
RRS and THG have been providing pipe and drain cleaning and sewer rehabilitation services primarily to private households, municipalities and industrial companies for over 50 years. Both companies are among the longest-serving companies in this segment in the greater Munich area. For years, numerous orders in the field of pipe cleaning and sewer rehabilitation have been handled by an experienced and well-coordinated team of about 30 employees. www.rrs-abwassertechnik.de and www.thg-abwassertechnik.de.
About GIMV
For over 40 years, Gimv has been identifying entrepreneurial and innovative companies with high growth potential and, as a European investment company, supporting them on their way to market leadership. Listed on Euronext Brussels, Gimv currently has a portfolio of around EUR 1.5 billion in investments in more than 60 holdings, which together realize sales of more than EUR 3.1 billion and employ 19,000 people. www.gimv.com.