Engineering company IGBK operates predominantly in the Styria region of Austria and is a reputable and well-established business in hydraulic construction, environmental technology and infrastructure and construction consulting. IGBK GmbH will therefore boost BKW's expertise, in particular in the environmental field. IGBK GmbH is based in the Austrian city of Graz. The company employs 26 staff and has generated revenue of around 2.8 million euros in the past few years.

KAE GmbH, on the other hand, is based in Hausen near Nuremberg and employs 6 staff. The company has generated revenue of over 1.1 million euros in the last few years. The engineering consultancy specialises in retrofit projects and verification management for nuclear plants and has also successfully positioned itself outside of nuclear technology in recent years.

The acquisitions will allow BKW to extend its existing network of customers and expertise to Austria and Germany. Both companies fit perfectly into BKW's existing engineering service portfolio. It will therefore be possible to exploit synergies in order to create added value. IGBK GmbH and KAE GmbH will also benefit from the transfer of knowledge with BKW. Both companies will continue to be managed independently.

BKW AG issued this content on 2015-12-01 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-21 08:53:28 UTC

Original Document: http://www.bkw.ch/en/about-us/media-relations/press-releases/detail/news/detail/News/bkw-staerkt-engineeringkompetenz-im-ausland/