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Rimex Group Acquired by STRABAG

With the acquisition of the majority interest in Rimex Group as at July 1, STRABAG Property and Facility Services (STRABAG PFS) GmbH continues on its growth course, expanding its service spectrum to include in-house services in the infrastructural facility management segment.

Rimex specialises in services in the cleaning and landscaping area. With a staff of about 2.000 employees, Rimex realised a turnover of about 27 million Euros in 2009.

“The acquisition of Rimex serves two functions at once,” said Dr. Ludwig Steinbauer, CEO of STRABAG PFS. “On the one hand, it enables us to offer, in addition to managing these services, infrastructural facility management services by in-house effort. This will enhance our supply chain. On the other hand, it helps us develop a new growth and yield potential, and will thus bolster our position as an integrated service provider in all property-related issues.”

The previous owners will retain a 30-percent stake in the company and will continue to manage the company.

Source: http://www.strabag.com/

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