Clearwater International, has advised Dutch-based technical services provider Imtech N.V. (“Imtech”) on its cross-border acquisition of Birmingham-based technical maintenance and management company, Inviron Limited (“Inviron”).
Imtech N.V. is a European based group operating in the fields of mechanical, electrical and ICT services across a number of sectors including building services, industrial, power generation, water and transport. The firm has annual revenues of around €4.5billion and is listed on the Euronext Stock Exchange as well as the Dow Jones STOXX 600 index.
Inviron is one of the few companies in the UK fully specialised in technical maintenance & management and forms a perfect match with Imtech’s existing activities in the UK. Inviron has annual revenues of around £130m and over 1,100 employees. Imtech can now offer the combination of new build technical solutions and technical maintenance & management throughout the entire UK to an enlarged customer base.