German based company DURAG Group, a worldwide operating group of companies, has added French company AP2E as its newest acquisition.
The acquisition took place in April 2018, allowing DURAG to expand its portfolio as an internationally recognised provider of ambient air and emission monitoring systems into the important gas analysis segment. AP2E, founded in 2006 in the French city of Aix-en-Provence, will also benefit from the acquisition and can continue to grow its business, as well as expand its product range further.
“With AP2E joining the DURAG Group, both parties will strengthen their position in the industry”, said Frank-Uwe Schulz, CEO of DURAG Holding AG. “We will benefit from the comprehensive know-how of the AP2E team and will expand the environmental sensor technology business area with this acquisition. AP2E will continue to operate from its own premises and will work closely together with the companies of the DURAG Group, especially with the international DURAG sales and service organisation.”
Read the article online at: https://www.worldcement.com/europe-cis/08052018/durag-completes-acquisition-of-ap2e/
You might also like
The company's operating result has risen to a record level – group revenue is at €21.2 billion (+4%), with the result from current operations (RCO) at €3.0 billion (+29%).