BWK buys H&R Industrierohrbau
German buyout firm BWK Unternehmensbeteiligungsgesellschaft has acquired industrial piping supplier H&R Industrierohrbau.
Co-founders Alexander Hock and Andreas Rohleder will both retain a stake in the company and remain in their roles at the helm.
BWK has approximately €300m available for equity investments, of which €160m is currently invested in 20 companies.
H&R generated a turnover of €16m in 2017 and employs 80 people at three locations, including two industrial sites in the Rhine-Main area.
BWK plans to support H&R's growth by opening new plants and acquiring existing ones in a buy-and-build strategy.
Company
H&R was founded in 1999 by Alexander Hock and Andreas Rohleder. The company specialises in designing and maintaining piping systems for industrial sites such as distillation or refining facilities. The customer base includes large companies in the chemical and pharmaceutical industries such as AkzoNobel, Boehringer Ingelheim, Sanofi and Clariant. H&R employs 80 people and is headquartered in Stuttgart.
People
BWK Unternehmensbeteiligungsgesellschaft – Rainer Miller (CEO).
H&R Industrierohrbau – Alexander Hock, Andreas Rohleder (co-founders).
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