Royal Imtech N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
12 mar 2012 - 07:40
Statutory name
Royal Imtech N.V.
Title
Imtech acquires AE Arma-Elektropanç: strong position in Turkey, stepping stone to emerging markets
Comments
Gouda - Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces the acquisition of the Turkish technical services provider AE Arma-Elektropanç. With around 1,200 employees, this rapidly growing company generates annual revenue of approximately 90 million euro. Imtech will initially acquire 80 percent of the shares with the remaining 20 percent being acquired in the future. The initial acquisition price amounts to almost five times the EBITA and will be paid in cash. The acquisition contributes directly to the earnings per share and will enable Imtech to acquire a strong position in Turkey as well as a stepping stone in emerging markets such as the Middle East, Russia and various former Soviet Republics.
Date last update: 31 October 2026