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Kloska Group sells service business for CHP plants

Cate­gory: Deals
18. June 2018

Bremen/ Beesten/ Düssel­dorf — Kloska Group sells the service busi­ness for CHP plants to consor­tium led by Ener­gie 360°. King & Wood Malle­sons (KWM) advi­sed Kloska Group on the sale of its service busi­ness for CHP plants — by dive­s­t­ing the Thom­sen & Co. GmbH (Thom­sen & Co.) — to a group of inves­tors under the majo­rity leader­ship of the Swiss energy utility Ener­gie 360 Grad AG (Ener­gie 360°).

The Kloska Group, service part­ner and system supplier for ship­ping, shipy­ards, onshore/offshore, indus­try, cons­truc­tion and trade, was foun­ded in 1981. The group of compa­nies is head­quar­te­red in Bremen and includes nume­rous compa­nies that have comple­men­ted the service profile of the Kloska Group over the past years. The compa­nies’ busi­ness areas range from tech­ni­cal equip­ment supplier to engine spare parts service, combi­ned with their own repair work­shops, mate­ri­als hand­ling and hydrau­lics, to cate­ring, provi­sio­ning, tech­ni­cal and store deli­veries for ferries, merchant ships, cruise ships, rese­arch vessels and rese­arch stations.

The branch of Thom­sen & Co. in Bees­ten, foun­ded in 2007, bund­les the service busi­ness for CHP plants of the Kloska Group under the market-known name EPS (Engine Power Systems) and, in addi­tion to the sale of new and used CHP modu­les in various perfor­mance clas­ses, offers compre­hen­sive instal­la­tion and service services for gas engi­nes, CHP modu­les and combi­ned heat and power plants. In addi­tion to the usual main­ten­ance work, trou­ble­shoo­ting and repair work, the company carries out complete over­hauls of engi­nes and CHP modu­les in the company’s own work­shop or directly on site. The complete range of services is offe­red for gas engi­nes from 40 to 3,000 kW (elec­tric).

Ener­gie 360°, head­quar­te­red in Zurich, is a Swiss public limi­ted company that acts as an energy supplier for the city of Zurich, among others, and has a strong focus on rene­wa­ble ener­gies. In addi­tion to natu­ral gas and biogas, the company’s port­fo­lio also includes solar energy and wood pellets, as well as energy and grid services. Ener­gie 360° was alre­ady repre­sen­ted in Germany by a 50% stake in Ener­gas GmbH, which offers a simi­lar range of services to Thom­sen & Co, espe­ci­ally in southern Germany. The acqui­si­tion of Thom­sen & Co. comple­ments Ener­gie 360°’s port­fo­lio of holdings and expands its acti­vi­ties to nort­hern and eastern Germany.

After comple­tion of the tran­sac­tion, Thom­sen & Co. will conti­nue to operate as an inde­pen­dent company. The tran­sac­tion is subject to appr­oval by the rele­vant authorities.

Advi­sors to Kloska Group: King & Wood Malle­sons, Germany
Rüdi­ger Knopf (Part­ner, Tax, Lead), Rudolf Haas (Part­ner, Lead), Dr. Tilmann Becker (Coun­sel), Laura Wimmer (Asso­ciate, all Corporate/M&A)

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