German Waste Technology Firms to Exploit Synergies : Eggersmann Acquires Batch Biogas Firm BEKON Holding AG
German waste and recycling equipment manufacturer, Eggersmann Group, has acquired batch-biogas plant specialist, BEKON Holding AG.
Marienfeld, Germany based Eggersmann Group acquired 100 % of the shares. In the near term, BEKON will now change legal status to become an LLC.
“The future BEKON GmbH symbolizes the merger of two fermentation specialists,” commented Thomas Hein, managing director of BEKON next to Karlgünter Eggersmann.
He added that the new management is pleased about the strategic add-on and the intensive cooperation with the BEKON staff. Staff numbers are expected to remain unchanged.
“The integration of BEKON allows us to draw on even more experience and know-how in dry fermentation,” said Karlgünter Eggersmann, CEO of Eggersmann Group. “The combination of both of our patents – with BEKON we increased the number by 30 more – means a clear add-on to our service portfolio and reinforcement of our market position,”
Ralf Sigrist, Peter Klessascheck and Tobias Bauer, members of the former Board at BEKON said in a statement: “After many years of being owned by financial investors, we found a new, powerful proprietor in the Eggersmann Group, which helps us to explore the international markets due to the high number of synergies.”
The value of the deal was undisclosed.
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