The Wallstein Group continues its steady growth course and takes over Balcke-Dürr Polska retrospectively as of 1st January 2020 as part of a share deal. The company, headquartered in Warsaw, generated sales of around EUR 30 million in 2019 with approx. 60 employees. It is a leading global supplier of filter systems for conventional power plants and industrial applications and will continue to operate under the new name "Wallstein Rothemühle" with the current management team.
Mutares acquired Balcke-Dürr Polska from the American SPX Corporation as part of the takeover of the Balcke-Dürr Group in 2016. As a global center of competence for fine dust separation, the company was able to more than double its overall performance and almost quadruple its profitability. With its excellent e-filter technology, it contributes in particular to lowering the dust emission values of large power plants and other large combustion plants below the stricter limits in the EU and Asia.
With the acquisition of this highly specialized company, the Wallstein Group is specifically expanding its product portfolio in energy and environmental technology with electrostatic precipitators, fabric and hybrid filters, thereby ideally supplementing its existing range of heat exchangers and heat utilization systems for flue gas flows. In the future, it will also be able to offer its customers air preheaters and gas heaters in the Ljungström design.
The synergies of the takeover will further strengthen the Wallstein Group not only in Germany but also in Eastern Europe as one of its most important core markets, where highly qualified engineers work out innovative solutions for local and international customers. The consequent expansion of the international presence remains in focus, after the Wallstein Group founded a joint venture in China in 2012 and has successfully developed it into the regional market leader.
The integration into the Wallstein Group will open up a multitude of new application possibilities to the excellent technical know-how of the Polish company. The management of the Wallstein Group expects to be able to use their new company as a perfect platform to improve the market access to Eastern Europe of the business area E- and maintenance technology. It is planned that in future the innovative services of Wallstein Service Polska for cleaning and maintenance of electrical systems will be offered locally under the roof of Wallstein Rothemühle.
Wallstein group: Wallstein is a family-owned group of companies founded more than 30 years ago, which operates in three business areas. The area of energy and environmental technology supplies heat utilization systems for flue gas cleaning systems as well as gas scrubber systems for production plants. The area of pharmaceutical and medical technology designs, manufactures and assembles plant components made of stainless steel. The electrical and maintenance technology division builds charging infrastructure for e-mobility and provides services for electrical systems and facilities. With around 300 employees in several companies, including a joint venture in China, the Wallstein Group generates annual sales of around EUR 90 million.
