Further expansion of activities in the energy industry

Munich. Munich-based engineering company IndustrieHansa is expanding its activities in the energy industry. The firm is adding to its existing resources in this industry by acquiring Duisburg-based Ingenieurbüro Bockholt (IBB), a 30-strong team of specialists with extensive expertise in the design, planning and calculation of compressors. The engineering firm, founded and managed by Franz-Josef Bockholt, was taken over with effect from January 1, 2010. Mr. Bockholt, as the founder and joint owner, will remain with the company in a managerial role.

IndustrieHansa Managing Director Uwe Hihn believes that the move represents an important step towards expanding the company's activities in the energy industry, one of its key lines of business alongside the automotive and aviation industries. Experts predict that energy demand will double by 2030, making this industry a growth market in which IndustrieHansa - with the help of its latest acquisition - intends to be a leading provider of services for turbines and compressors.

Division manager Frank Figel believes that IndustrieHansa's know-how in the development of alternative sources of energy and alternative drives will give it added impetus for growth in this industry. IBB's founder and director Franz-Josef Bockholt describes the incorporation into IndustrieHansa as the logical result of a need to concentrate competencies under one roof and expand capacities to handle ever more complex projects. The merging of the two firms, he explains, will release considerable synergy potential which, if fully exploited, will enhance the company's position in a competitive market.

IndustrieHansa hopes that this extra impetus in the energy market will smooth the way towards its aim of joining the ranks of the top 10 engineering service providers in Germany by 2015. Thanks to a carefully balanced business focus, the company - which employs around 800 people at 14 offices in Germany and abroad - has maintained a strong position on the market and in the competition amid the current economic crisis.

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 2010-01-14 PM IBB EN (25 kB)