STRABAG PFS further expands installation expertise in building technology

100% acquisition of Climtech GmbH, a technical building equipment company (HVAC) with more than 120 employees
Fourth acquisition of STRABAG PFS in 15 months

Frankfurt, 14.3.2024
STRABAG Property and Facility Services (STRABAG PFS) has acquired Climtech GmbH, based in Berlin, retroactively from 1 January 2024. This strengthens the Group's position as a partner for integrated facility services. The more than 120 jobs will be retained.

"With the acquisition of Climtech, STRABAG PFS is consistently expanding its holistic range of services in the provision of technical building services, and we are deepening our value chain," comments Siegfried Wanker, Member of the STRABAG SE Management Board, on the acquisition and adds: "Our customers benefit from this, and it enables us to take advantage of Group-wide synergies."

The managing directors of Climtech, Wolfgang Heinke and Jörg Trepsdorf, are delighted to be part of STRABAG PFS in the future and are convinced that "being part of STRABAG PFS will secure long-term future and development prospects for our employees and customers."

Founded in 1999, the company specialises in heating, ventilation, plumbing, air conditioning/cooling as well as measurement and control technology and has well-known customers in the planning, construction, and maintenance of complete technical building equipment in new buildings as well as in the renovation of existing buildings. The company is mainly active in Berlin and Brandenburg, but also has an installation team operating throughout Germany.

Closing is expected in the second quarter of 2024, subject to the relevant regulatory approvals.