(pressebox) Gouda, the Netherlands, 31.03.2009, Imtech (technical services provider in Europe) has acquired the Norwegian technical services provider Olav C. Jensen & Søn via NVS, its Nordic division. The competition authorities in Norway have approved this acquisition, which will immediately contribute to earnings per share. The management of Olav C. Jensen & Søn will stay on after the acquisition.
Olav C. Jensen & Søn is a small technical services provider specialised in technical maintenance and management. The company is situated in Ski in Norway, a region with a strategic position between the cities of Oslo and Fredrikstad. This is an economically healthy region and therefore the number of technical maintenance and services contracts is increasing. Olav C. Jensen & Søn has an excellent market position in this segment. With approximately 15 employees the company realises revenues of almost 3 million euro on annual base.
Growth in Nordic
In November 2008 Imtech acquired NVS. With revenues of 350 million euro on annual base, NVS is one of the largest technical services providers in Sweden, Norway and Finland. The acquisition fits in with the strategy for further strengthening the position of Imtech in the Nordic. Olav C. Jensen & Søn will operate a separate business unit within the Norwegian organisation of NVS.Über Imtech Deutschland GmbH & Co. KG
Imtech N.V. is a European technical services provider in the fields of electrical engineering, ICT and mechanical engineering. With over 22,500 employees, Imtech achieves annual revenue of around 3.8 billion euro. Imtech holds strong positions in the buildings, industry, infrastructure and traffic markets in the Netherlands, Belgium, Luxembourg, Germany, Eastern Europe, Nordic, the UK, Ireland and Spain and in the global marine market. In total Imtech serves 19,500 customers. Imtech offers added value in the form of integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society, for example in the areas of energy, the environment, water and traffic. Imtech shares are listed on the Euronext Stock Exchange Amsterdam, where Imtech is included in the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600 index.
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