BKW Group acquires hydraulic engineering experts WALD+CORBE
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)