Formwork and scaffolding specialist Peri has acquired German firm Implenia Schalungsbau, the formwork division of Implenia.

Photo: Peri

The company, based in Bobenheim-Roxheim, specialises in intelligent and complete services for formwork construction.

According to Peri, the deal 鈥減erfectly matches鈥� with its current product offering and will allow it to invest in both the infrastructure and high-rise segments, which it describes as 鈥渦rgently needed capacities.鈥�

Implenia says the acquisition will allow it to 鈥渇ocus on the defined core portfolio鈥� and to advance its asset-light strategy.

Confirmation of the deal, which closed on 1 January, will see all 46 employees of Implenia Schalungsbau remain, while the business will trade under the name of Peri Schalungsbau. No changes to the running of the business is expected.

Stefan Schurwonn, head of commercial operations at Peri Germany, said, 鈥淲ith this purchase, we are expanding our competences and capacities in special formwork construction and in the areas of Infrastructure and High Rise.

鈥淭his is an important step for Peri Germany to further strengthen our market position and achieve our ambitious growth targets for the coming years.鈥�