Munich, August 01, 2019 – ADCURAM Group AG acquires the Berlin-based Garbe Group as part of a company succession and thus a regionally leading and successful provider of complex construction services with 370 employees.
Under the name RWG, the company bundles its specialization in technically complex demolition projects. Thanks to further in-house competencies in the field of pollutant remediation and its own building materials recycling centers, the Group already has an excellent set-up. Long-time shareholder and managing director Tilo Hüchtemann remains on the management board and has acquired a stake in the group.
With ADCURAM’s participation, the succession of the founder and managing director Eckhard Garbe will be settled and the processes and structures of the group will be further improved. The parties have agreed not to disclose details of the transaction, which has already been completed.
“ADCURAM will strengthen its own capacities, selectively complement its range of services and further expand its market position. We see very attractive market conditions and opportunities for regional expansion in Berlin in the coming years,” says ADCURAM CEO Henry Brickenkamp. His fellow board member Stefan Weiß adds, “During the nine months that we negotiated the transaction as exclusive partner, we were already able to demonstrate our reliability and develop the strategy for a successful succession.”
Eckhard Garbe adds, “I am delighted to have found a new main shareholder in ADCURAM, which will continue to write our success story so far.”