Sale of Reinhard Rohrbau, a subsidiary of A. Hak, to DING Group (backed by DBAG)

The Dutch A.Hak Group has sold its shares in Reinhard Rohrbau GmbH, Meppen, to Deutsche Infrastruktur- und Netzgesellschaft, Bochum (DING Group), a portfolio company of Deutsche Beteiligungs AG. Quore Capital, jointly with its German partner Network Corporate Finance, exclusively advised the A.Hak Group on the transaction.

Transaction
The divestment of Reinhard Rohrbau is in line with the strategic reorientation of the A.Hak Group, which is increasingly focusing on the district heating segment in the Netherlands and on major pipeline and cabling projects nationally and abroad.

With Reinhard Rohrbau, DING Group is expanding its regional presence and strengthening its service portfolio, especially in pipeline construction. Deutsche Beteiligungs AG plans to build a national market leader in the field of telecommunication and pipeline network construction by growing organically as well as by acquisitions.

The Company
Reinhard Rohrbau GmbH, based in Meppen, is a regionally leading pipeline construction specialist with a focus on all services related to the laying of energy and telecommunication networks. Reinhart Rohrbau concentrates on underground pipeline construction and cable laying as well as industrial pipeline and plant construction. Its customers include regional energy suppliers and water associations as well as international groups from the energy and telecommunications industry. In 2019, the company generated sales of around 20 million euros with 110 employees.

For more information regarding Reinhard Rohrbau GmbH:
www.rrb.de

Cooperation Partner
Quore Capital advised on the transaction together with its German partner Network Corporate Finance, which is just like QC a member of a global network of leading corporate finance boutiques. NCF is an independent, owner-managed corporate finance advisory firm supporting clients with a team of 28 professionals and managing partners from its Düsseldorf, Berlin and Frankfurt offices.

For more information about Network Corporate Finance:
www.ncf.de

22 July 2020

Client: A. Hak
Target: Reinhard Rohrbau
Buyer: DING Group (backed by DBAG)
Seller: A. Hak