Bilfinger Berger’s FM expansion

By Chris Sleight27 May 2008

Bilfinger Berger has doubled the size of its facilities management (FM) business with the acquisition of M+W Zander's FM division from Austrian investment company Victory Industriebeteiligungen Group. The terms of the transaction were not disclosed.

M+W Zander FM has 4300 employees and sales of € 500 million per year. Its client list includes IBM, EADS and Deutsche Bank, and some 75% of its revenues are generated in Germany. Bilfinger Berger says this now makes it the biggest FM company in Germany. The company also says M+W Zander's presence in Austria and Switzerland complements its own businesses in those countries, while branches in Eastern Europe and Russia open up new opportunities for growth.

M+W Zander FM will be integrated into Bilfinger Berger Facility Services, which is the company's fastest growing business unit. Last year its sales increased +25% to € 6.3 billion, while its earnings before interest, tax and amortisation (EBITA) grew +46% to € 180 million.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Meeting different requirements in falsework and formwork
Innovation is driving some of the world’s most ambitious infrastructure projects but how are those in the falsework and formwork sector keeping up? Catrin Jones investigates
Online exclusive: Epiroc R&D experts on alternative power, testing, and more
The R&D team at Epiroc talk about what projects they are working on, the testing process and what’s next for the construction industry 
Versatile compact loaders
International Construction looks at innovation in compact loaders
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA