European Commission approves acquisition of MCE

December 21, 2009

December 21, 2009

Bilfinger Berger strengthens industrial and power services:
European Commission approves acquisition of MCE

The European Commission has approved Bilfinger Berger's acquisition of industrial and power services provider MCE. The Group will comply with the conditions laid out by the Commission and sell a small part of MCE's activities in piping systems. The activities in question account for 4 percent of MCE's annual turnover of about €900 million.

The purchase of MCE will be finalized by the end of this year. Bilfinger Berger is thus taking a further step forward in the expansion of its services business. MCE specializes in the design, construction and maintenance of facilities in the process industry and the energy sector; its business operations are centered in Austria and Germany.

The services business has been a profitable growth area at Bilfinger Berger for years. In the coming year, more than 50 percent of the Group's output volume will be generated in services for the first time.