Sphering Group France acquires EKA in Germany to become the EU market maker in chimney & flue systems
Sphering announces the most important acquisition in the Group’s history with eka-edelstahlkamine, founded 37 years ago and located in Untersteinach, Germany.
ACTIVE M&A Experts and MBA Capital, our Partners in Germany and France, advised the Sphering Group on this acquisition.
Both, MBA Capital and ACTIVE, accompany Sphering since 2007 (!) on its international growth path. The first meeting with the owner of eka took place in 2007.
This transaction is based on more than 15 years of hand-in-hand cooperation between MBA Capital, Paris, and ACTIVE.
This new acquisition, mastered with success only a few weeks after the acquisition of SFL in the UK, highlights the capacity of the Group to be an undisputed market maker on its domestic territories.
With the addition of two new production plants, the Group now employs +1000 people operating in France, Belgium, Germany, Italy, Poland, the UK and the Czech Republic.
With EKA, the business volume steps up to 190 million euros and gives the Group a leading position in the largest European market. EKA brings to the Sphering Group an unrivalled combination of technology and processes for great flue and air-care deliveries from high runners to specials on the German-speaking countries.
Sphering demonstrates once again the power of its winning operating model as an EU industrial collider. Based on the autonomy of its operations and brands, this unique combination of local and global enables a better grip and grit to answer local specific needs and regulations.
Coupled with the recent acquisitions, the constant investments in R&D at Spherings’ WeLab and production capabilities position Sphering as a vivid EU market maker, to match any requirement in flues & chimneys.
Sphering Group is now present in most of the European territories and continues to push back the boundaries of its operations.