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M+W Group Strengthens Activities in Power Plant Business: Takeover of Reliable Plant Solutions GmbH (RPS) and Change of Name to M+W Power Solutions GmbH

M+W Group Strengthens Activities in Power Plant Business: Takeover of Reliable Plant Solutions GmbH (RPS) and Change of Name to M+W Power Solutions GmbH

Participation in the VGB Congress ‘Power Plants 2012’

The international engineering and construction company M+W Group, Stuttgart has successfully completed the already announced takeover of Reliable Plant Solutions GmbH (RPS) with headquarters in Schkeuditz near Leipzig (Germany), following approval by Germany’s Cartel Office. The new, hundred percent-owned subsidiary will trade under the name M+W Power Solutions GmbH with immediate effect. Headquarters for the subsidiary will continue to be in Schkeuditz. For the first time M+W Power Solutions is exhibiting as a turnkey provider for the engineering and construction of conventional and regenerative power plant projects at the VGB Congress, ‘Power Plants 2012’ in Mannheim (Stand 1-A from 10 to 12 October).

M+W Group is focusing its business with energy & environment technologies in the M+W Power Solutions GmbH. This includes the services for power plants powered by fossil fuels and solar, as well as for power generation from biomass.

When implementing their power plant projects, customers will be able to benefit from the Group’s comprehensive expertise as a global EPC (engineering, procurement, construction) provider. The package of services extends from the technological and financial evaluation of a project in the concept phase, to design, material procurement and construction, right through to commissioning. Additonally, the projects will benefit from the experience of the Group in global engineering and construction.

M+W Group has been operating in the international power plant sector for over 40 years and is also committed to a variety of initiatives, such as the foundation of ‘2° – German Entrepreneurs for Climate Protection’ and the ‘Desertec Industrial Initiative’. The head office in Stuttgart, established in 1998, is one of the first ‘green’ corporate buildings with thermal solar panels, photovoltaic modules, and a combined heat and power plant. Since 1998 it has enabled around 15 million kWh of fossil energy and 11 million kg of C02 emissions to be saved.

About M+W Group (www.mwgroup.net): M+W Group is the leading global engineering, construction and project management company in the fields of Advanced Technology Facilities, Life Science & Chemicals, Energy & Environment Technologies and High-Tech Infrastructure. From concept development to turnkey services the company manages projects of all sizes ensuring rapid realization, high quality standards and cost-effective completion. With its competence to link process and automation technologies and complex facilities to integrated solutions M+W Group primarily focuses on leading companies in the fields of electronics, photovoltaics, life science, chemicals, energy, automotive, security, IT and communication, as well as research institutes and universities. M+W Group GmbH is the holding company with headquarters in Stuttgart, Germany. In 2011 the company generated an order intake of 2.59 billion euros and revenues of 2.48 billion euros with more than 7,000 employees. In 2012 M+W Group celebrates its 100th anniversary.

M+W Group is owned by the Austrian Stumpf Group that is globally successful in the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and Technology Investments.

Press contact:
Michael Gemeinhardt
Phone.: +49 (0) 711 8804-1420
mailto: michael.gemeinhardt(at)mwgroup.net