RSK Successfully Completed another Acquisition in Financial Year

A pioneer in environmental & engineer consultancy & technical support services, RSK Group recently announced that they have successfully acquired tenth firm in the financial year 2018-19. The firm has purchased German environmental & geotechnical engineering company, Dr. Tillmanns & Partner GmbH, for a confidential amount.

Dr. Tillmanns & Partner GmbH is based out of Bergheim, it offers guidance on & services in, landfill technology & planning, hydrogeology & soil mechanics, soil & groundwater contamination, subsoil investigations, rehabilitation planning & monitoring, geothermics & subsoil investigations.

Besides taking over fieldwork, the firm also has a certified in-house laboratory for earthworks. With more than twenty geographers, geologists, scientific professionals & mineralogists, Dr. Tillmanns & Partner GmbH is one of the biggest private firms in North Rhine-Westphalia.

The firm will be directed by managing directors Ottmar Sistenich & Bernd Braun, besides RSK’s Nigel Board & Michael Schubert, who will be a part of the board of the firm as managing directors.

The firm will be a part of RSK’s current German business, RSK Alenco, in its European division. RSK is privately held and has thirty-six offices globally, with over two-thousand and seven hundred employees and has an annual revenue of two hundred million euros. The recent purchase shows more global expansion for the firm.

In December 2018, RSK revealed a financing package in the form of a unitranche senior debt facility from funds handled by a credit service offered by NatWest & Ares Capital Europe.

The recent acquisition will be helpful in funding a crucial planned doubling in size in the next coming years with the growth of latest businesses & the purchase of bolt-on complementary businesses, & to speed up the growth of RSK globally.

CEO and founder of RSK, Dr. Alan Ryder stated that he is very happy to witness this purchase, which he hopes will be the first of many as they invest in their European businesses & grow in Europe in the new future.

Talking about the firm, Dr. Ryder added that it has an excellent business coupled with a robust site investigation offer that will assist to boost & expand their current business in Germany. He further said that the firm has an excellent reputation & have a long & good relationship with their clients.

Dr. Tillmanns & Partner GmbH’s founder Dr. Wolfgang Tillmanns added that he is quite excited that the firm is in the hands of RSK. The firm will offer new opportunities to Dr. Tillmanns & Partner GmbH for growth. The firm’s managing directors, Ottmar Sistenich & Bernd Braun are quite excited to work together with RSK Alenco & others & are happy to join RSK’s growth in Germany.

Author: Sandali Tiwari

A former journalist, Sandali is a content marketer with over 5 years of writing experience, across various industries including Food Innovation, Healthcare, and IoT and Technology. Sandali has been weaving corporate stories for organizations through different forms of impactful marketing content. Her key aim is to strategically align well-crafted narratives with business objectives, translating into a powerful communications platform for the company.