Pursuing its goal of internationalization, Cefla acquires a 90% share in the German company Plant Engineering GmbH. Based in Leutesdorf, the company has an annual turnover of about 2.5 million.
Bologna, 14.01.2021. Cefla Engineering’s Energy Business Line, Italy’s leading constructor of electrical/thermal cogeneration power plants, now enters the German market with the acquisition of Plant Engineering, a company that enjoys widespread acknowledgement of its know-how throughout the industry. Cefla continues to pursue a strategy of internationalization.
After two years of doing business in Germany and in the wake of its completion of the key Cottbus cogeneration plant project, Cefla is strengthening its position on a market with major opportunities in “Green energy”, set to replace the classic coal-fired power station model. Plant Engineering GmbH has been working in the cogeneration power plant and biomass power plant sectors for about 15 years. It also provides plant engineering services to the energy sector and has consolidated experience, as acknowledged by the industry’s key German players. Thanks to the 90% share in Plant Engineering GmbH, Cefla is now a qualified operator able to provide EPC solutions to the German energy sector.
“We’re delighted and proud of this latest acquisition” states Massimo Pinoli, Cefla Engineering Development Manager “It’s a key part of our strategic internationalization plan and provides a focal point of excellence to develop innovative solutions that meet today’s energy transition needs.”