Imtech (technical services provider in Europe) announces its acquisition of Metubsa S.A., a Spanish specialist in industrial maintenance. With 70 employees, Metubsa’s estimated revenue in 2007 is 4 million euro. The acquisition sum (including earn-out) is based on five times the EBITA for 2007. This acquisition price was paid in cash. The acquisition will contribute directly to the profit per share and provides a good basis for strengthening the position in the Spanish market for industrial technical services.
Green Marine
about 19 years ago
Imtech acquires Spanish specialist in industrial maintenance
Imtech (technical services provider in Europe) announces its acquisition of Metubsa S.A., a Spanish specialist in industrial maintenance. With 70 employees, Metubsa’s estimated revenue in 2007 is 4 million euro. The acquisition sum (including earn-out) is based on five times the EBITA for 2007. This
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