PERI acquires German formwork firm

ADVERTISEMENT

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.”

Most popular ↑

New Bill proposes ban on retentions in construction contracts

The government is set to introduce a new Bill...

CSCS Smart Check upgrade to improve workforce skills data

CSCS has upgraded its Smart Check platform to collect...

Charity football tournament to honour Wayne Connolly

Connolly Scaffolding is organising a charity football tournament in...

CITB apprenticeship support rises by 43% in latest year

CITB’s New Entrant Support Team helped 5,913 apprentices join...

Global access sector marks first industry awareness day

The scaffolding and access industry is today marking the...

Latest news

ADVERTISEMENT
More from
Latest articles

Scaffolder Conor O’Brien takes on 84km Bali ultra for children’s education

Advanced scaffolder and ultra-endurance runner Conor O’Brien is preparing to run 84km overnight across...

Charity football tournament to honour Wayne Connolly

Connolly Scaffolding is organising a charity football tournament in memory of Wayne Connolly, its...

New Bill proposes ban on retentions in construction contracts

The government is set to introduce a new Bill today that could bring major...

CITB apprenticeship support rises by 43% in latest year

CITB’s New Entrant Support Team helped 5,913 apprentices join the construction industry during the...

CSCS Smart Check upgrade to improve workforce skills data

CSCS has upgraded its Smart Check platform to collect more detailed data from construction...

Scaffolder running length of Britain for children’s cancer charity

A Portsmouth scaffolder has begun an 860-mile charity run from John O’Groats to Land’s...

Global access sector marks first industry awareness day

The scaffolding and access industry is today marking the first International Scaffolding and Access...

Trade earnings lag inflation as site activity slows

Average weekly earnings for self-employed construction trades rose by just 2.3% year on year...