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Thursday, November 21, 2024
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U.K. Edition

PERI acquires German formwork firm

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In a bid to expand its business, PERI has acquired German formwork specialist Implenia Schalungsbau, the formwork division of Implenia.

Located in Bobenheim-Roxheim, the company provides intelligent and complete formwork construction services for a wide range of projects.

As Peri describes it, the deal “perfectly aligns” with the company’s current product offering, which it describes as “urgently needed capacities,” and it will allow them to invest in both the infrastructure and high-rise segments as it says these are urgently needed in the business.

This acquisition will allow Implenia to “focus on the core portfolio” and advance its asset-light strategy, it says.

Upon closing of the deal, all 46 employees of Implenia Schalungsbau will remain, while the company will become Peri Schalungsbau. No changes to the running of the business is expected.

“The PERI Germany team is happy about the personnel reinforcement and we warmly welcome all new colleagues to PERI. We have already worked very well together in the past and are happy to have them in our team,” says Stefan Schurwonn, Head of Commercial Operations at PERI Germany.

“With this purchase, we are expanding our competences and capacities in special formwork construction and in the areas of “Infrastructure” and ” High Rise”. This is an important step for PERI Germany to further strengthen our market position and achieve our ambitious growth targets for the coming years.”

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