Represented by Saxenhammer
Saxenhammer acted as exclusive M&A advisor to the SKB-GROUP on the sale of SKG Netzwerktechnik GmbH, a leading Austrian supplier of network technology and cabling products including its own manufacturing facility in Slovakia, to Amadys.
Amadys is a leading end-to-end system integrator and operates in the Benelux countries, Germany, Denmark, Austria and Slovakia. In this transaction, Amadys acquired 100% of the shares in SKG Netzwerktechnik GmbH.
Following transaction team facilitated the transaction for our client.
About the sector
The construction industry is clearly a key sector for Germany. In 2020, the construction industry contributed 6.1% to the overall economic gross value added - companies in the construction industry generated sales of approx. EUR 368 bn. The industry is made up of the main construction trade with approximately 75 k companies and the finishing trade with approx. 250 k companies. With annual growth rates of 4.9% since 2012, the construction industry is a clear growth market.