As part of the succession planning, the founder and managing partner of THG Baugesellschaft mbH, Rainer Klinkhammer, has sold company shares to EUROVIA GmbH (Germany). He remains managing partner of the company, headquartered in Dahlem, Germany. Founded in 1989, THG is a special construction company for the establishing and modernization of railway tracks focused on the North-Rhine Westphalia region. With about 60 employees, THG generated revenues of € 17 mn in 2016.
EUROVIA, a member of the French VINCI Group, is a leading global company for the development, construction and maintenance of traffic routes with a revenue of € 7.5 bn. The German subsidiary EUROVIA GmbH is represented at more than 100 locations, with 3,200 employees and generated revenues of € 737 mn in 2016.
With the participation in THG, which will be completed within the next weeks, EUROVIA strengthens its track construction activities, which are already established in 8 countries worldwide under the name ETF. The transaction happened not least in view of the planned investments in the renewal of the railway infrastructure in Germany for the next ten years.
With EUROVIA, IMAP was able to find a strategic investor for THG, who wants to further expand the capacities at the location while relying on a strong regional presence and extensive operational independence of its decentrally organized business units.
The shareholders of THG were exclusively advised by the IMAP Germany team consisting of Johannes Eckhard, Nils Keller and Phillippe Honsberg.