Contractor ISG has paid 拢2.2m to buy German fit-out firm Tecton Engineering

ISG said the firm provides office fit-out and FM services to the commercial sector in Germany, primarily in the Rhine/Rhur area, Berlin and Frankfurt.

The current MD Christopher Eckes, who owns 10% of the business, wll continue to manage it, while the seller, Daniela Woell ,will exit the firm.

Tecton鈥檚 revenue in 2012 was just 拢7.4m, generating profit of 拢0.7m, but ISG said the acquisition would give it access to German commercial customers and provide it with greater scale in the largest European market.

 

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