BKW Group acquires hydraulic engineering experts WALD+CORBE

11. Janu­ary 2018

Munich/ Bern (Switz­er­land) — The BKW Group, head­quar­te­red in Bern, Switz­er­land has acqui­red the WALD + CORBE Group, head­quar­te­red in Hügels­heim, Baden-Würt­­te­m­­berg. Rödl & Part­ner provi­ded compre­hen­sive legal advice to the BKW Group. The parties have agreed not to disc­lose the purchase price.


WALD + CORBE reali­zes natio­nal and inter­na­tio­nal projects in the fields of water manage­ment, hydrau­lic engi­nee­ring and infra­struc­ture. In addi­tion, there are services in the fields of ecology, envi­ron­ment and survey­ing. In doing so, WALD + CORBE can draw on broad and deep expe­ri­ence gained from a large number of projects. In recent deca­des, for exam­ple, more than 100 flood reten­tion basins have been plan­ned and super­vi­sed in terms of civil engineering.

Since its foun­ding, the BKW Group has been active in the field of engi­nee­ring and has exten­sive expe­ri­ence in the realiza­tion of large-scale projects, infra­struc­ture and power plant cons­truc­tion, as well as in the areas of flood protec­tion and water­course plan­ning. BKW is conti­nuously expan­ding its engi­nee­ring network in Europe. The goal here is to be able to offer holi­stic solu­ti­ons for infra­struc­ture and envi­ron­ment as well as plant design & safety. As an inter­na­tio­nally active energy and infra­struc­ture company, the BKW Group employs around 6,000 people.

The entry of WALD + CORBE adds a valuable member to the BKW Engi­nee­ring network. The BKW Group is thus incre­asingly tapping the southwest of Germany for its services. The company streng­thens BKW’s exis­ting compe­ten­cies mainly in the areas of water manage­ment, hydrau­lic engi­nee­ring and infrastructure.

The BKW Group was advi­sed by a specia­li­zed M&A team of Rödl & Part­ner in the course of the tran­sac­tion. The compre­hen­sive legal advice was provi­ded under the lead of Part­ner Michael Wiehl and by Asso­ciate Part­ner Michael Beder. The acqui­si­tion was supported by Asso­ciate Part­ner Chris­toph Hinz and Part­ner Florian Kaiser from a busi­ness manage­ment and tax perspective.

Rödl & Partner’s proven team has been conti­nuously assis­ting BKW in M&A tran­sac­tions in Germany and abroad for seve­ral years, such as the acqui­si­tion of the Lind­schulte Group in Nort­hern Germany, the acqui­si­tion of ASSMANN BERATEN + PLANEN AG from Berlin, the acqui­si­tion of the Eigen­schenk Group in Bava­ria and the take­over of the photo­vol­taic service provi­der Solare Daten­sys­teme (SDS).

Advi­sor BKW Group: Rödl & Part­ner Nurem­berg — Legal
Michael Wiehl, Attor­ney at Law, Part­ner (Lead Part­ner, M&A)
Dr. Michael Braun, Attor­ney at Law, Asso­ciate Part­ner (Labor Law, Legal Due Diligence)
Sebas­tian Dittrich, Attor­ney at Law, Asso­ciate (Legal Due Diligence)

Rödl & Part­ner Munich — Legal
Thomas Fräbel, Attor­ney at Law, Part­ner (M&A, Corpo­rate Law)
Michael Beder, Attor­ney at Law, Asso­ciate Part­ner (M&A, Corpo­rate Law, Anti­trust Law)
Regina Henf­ling, Attor­ney at Law, Senior Asso­ciate (M&A, Corpo­rate Law, Legal Due Diligence)

Rödl & Part­ner Munich — Financial
Chris­toph Hinz, Diplom-Betrieb­s­­wirt, Asso­ciate Part­ner (Project Manage­ment Finan­cial Due Dili­gence); Enrico Diener, Senior Asso­ciate (Finan­cial Due Diligence)

Rödl & Part­ner Nurem­berg — Tax
Florian Kaiser, Tax Advi­sor, Part­ner (Project Manage­ment Tax, Structuring)
Julian Schu­bert, M.Sc., Asso­ciate (Tax Due Diligence)

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