Kresta acquired KWE Stahl- und Industriebau

MP Corporate Finance acted as the exclusive financial advisor to Kresta Industries a producer of industrial plants in the acquisition of KWE Group an on-site service provider to the chemical industry, as part of the growth strategy.

By acquiring the KWE Group, consisting of the group companies KWE Stahl- und Industriebau GmbH & Co. KG and KWE Ludwigshafen GmbH, which operate in the field of servicing steel constructions in the chemicals industry, the Kresta Group is able to sustainably strengthen its position in the chemicals industry and extend its forecast Group turnover.

KWE operates in the area of servicing steel constructions in the chemicals industry and with just over 100 employees, earns a turnover of approximately EUR 30 million. For decades, KWE has been running its own sites in eleven German chemical parks and has excellent access to the chemicals and petrochemical industry.

Kresta is a equipment construction company focusing on manufacturing appliances, containers and pipes for the paper and pulp industry, as well as on the area of renewable energies. The company was founded in 1986 and today ranks among the leading companies in its segment with a Group turnover of EUR 150 million and approximately 400 employees. Its export ratio is 85 percent, with deliveries to all continents.