{"id":24910,"date":"2018-08-01T13:06:02","date_gmt":"2018-08-01T11:06:02","guid":{"rendered":"https:\/\/mux.muppet-lab.dev\/balcke-durr-group-with-strategic-acquisition-in-the-growing-market-of-power-plant-deconstruction\/"},"modified":"2018-08-01T13:06:02","modified_gmt":"2018-08-01T11:06:02","slug":"balcke-durr-group-with-strategic-acquisition-in-the-growing-market-of-power-plant-deconstruction","status":"publish","type":"post","link":"https:\/\/mutares.com\/en\/balcke-durr-group-with-strategic-acquisition-in-the-growing-market-of-power-plant-deconstruction\/","title":{"rendered":"Balcke-D\u00fcrr Group with strategic acquisition in the growing market of power plant deconstruction"},"content":{"rendered":"<p class=\"intro\">The Mutares subsidiary Balcke-D\u00fcrr Group expands its product range and engineering know-how by taking over a specialist provider of industrial services in the field of dismantling nuclear facilities.<\/p>\n<ul>\n<li>Strategic add-on acquisition strengthens positioning of Balcke-D\u00fcrr Group<\/li>\n<li>Positioning of the Balcke-D\u00fcrr Group as a system supplier and provider of industrial services<\/li>\n<li>Dynamic growth expected in the area of power plant deconstruction<\/li>\n<\/ul>\n<p>D\u00fcsseldorf (Germany), 1 August 2018 &#8211; Balcke-D\u00fcrr Group, a subsidiary of Mutares AG (ISIN: DE000A0SMSH2), acquires KSS Consulting GmbH &amp; Co. KG (&#8220;KSS Consulting&#8221;) with effect from 1 August 2018. With this acquisition, the manufacturer of power plant components and specialist for energy efficiency in the industry strengthens its position in the promising area of dismantling nuclear power plants. Through the acquisition of KSS Consulting, Balcke-D\u00fcrr&#8217;s service offering will be expanded to include radiation protection and decontamination from August 2018 and will enable the Group to act as a systems supplier to its business partners in the future.<\/p>\n<p>The acquisition of KSS Consulting underlines the ambitious plans to achieve sustainable growth in this business area and to profit from dynamic market growth. In particular, the departure of the German energy policy from nuclear power provides the basis for a high demand for services in the field of power plant decommissioning. Karlsruhe-based KSS Consulting provides services in the fields of radiation protection, decontamination and decommissioning, with a focus of its activities in Germany.<\/p>\n<p>The business activities of Balcke-D\u00fcrr Kraftwerks Service GmbH and the acquired KSS Consulting are bundled under the name Balcke-D\u00fcrr Nuklear Service. The headquarters of the company will be in D\u00fcsseldorf, with branches in Karlsruhe and Dresden (Germany).<\/p>\n<p>The Balcke-D\u00fcrr Group expects double-digit annual growth rates for this business segment in the coming years and does not rule out further acquisitions. Balcke-D\u00fcrr Nuklear Services is already expected to post a positive operating result (EBITDA) for fiscal 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mutares subsidiary Balcke-D\u00fcrr Group expands its product range and engineering know-how by taking over a specialist provider of industrial services in the field of dismantling nuclear facilities. Strategic add-on acquisition strengthens positioning of Balcke-D\u00fcrr Group Positioning of the Balcke-D\u00fcrr Group as a system supplier and provider of industrial services Dynamic growth expected in the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[347],"tags":[],"class_list":["post-24910","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Balcke-D\u00fcrr Group with strategic acquisition in the growing market of power plant deconstruction - Mutares SE &amp; Co. KGaA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mutares.com\/en\/balcke-durr-group-with-strategic-acquisition-in-the-growing-market-of-power-plant-deconstruction\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Balcke-D\u00fcrr Group with strategic acquisition in the growing market of power plant deconstruction\" \/>\n<meta property=\"og:description\" content=\"The Mutares subsidiary Balcke-D\u00fcrr Group expands its product range and engineering know-how by taking over a specialist provider of industrial services in the field of dismantling nuclear facilities. Strategic add-on acquisition strengthens positioning of Balcke-D\u00fcrr Group Positioning of the Balcke-D\u00fcrr Group as a system supplier and provider of industrial services Dynamic growth expected in the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mutares.com\/en\/balcke-durr-group-with-strategic-acquisition-in-the-growing-market-of-power-plant-deconstruction\/\" \/>\n<meta property=\"og:site_name\" content=\"Mutares SE &amp; Co. 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