TSG Group has acquired a majority stake in Electrical engineering Werner Stuhr GmbH.
Werner Stuhr GmbH
Type of transaction
TSG Group has acquired Electrical engineering Werner Stuhr GmbH ("Werner Stuhr") from the shareholder family.
Werner Stuhr is a northern German provider of electrical installations as well as civil engineering and cable construction for fiber optics and charging infrastructure for electric cars.
With sales of over 800 million euros, the TSG Group is a leading European service provider focusing on service stations and electric charging station infrastructure. As a portfolio company of the French investment firm HLD, the company employs a total of 4,300 people.
Global M&A Partners' offices in Düsseldorf and Paris exclusively advised the buyers. The transaction underscores the strong track record in the business services sector.
IOM Advisory represented an international buyer for whom we were ideal as specialists in electric vehicle charging solutions and fibre optic infrastructure. The working relationship with IOM was trusting and enjoyable and the team successfully balanced the various interests to ensure fair negotiations.
CEO Werner Stuhr