RSK Group Ltd, a leading integrated environmental, engineering and technical services business, has today announced the acquisition of Boden + Wasser, an Austrian environmental consultancy specialising in the industrial and public sectors. Based in Gallneukirchen, near Linz, northern Austria, the consultancy will bring additional experience to RSK’s existing Austrian business, which has its headquarters in Graz. The business is RSK’s ninth acquisition of 2020.
Boden + Wasser works across Austria, where it provides expert services in the areas of waste management, contaminated sites, building, geothermal energy, geology, environmental engineering, water management and tunnel drainage. The business counts a variety of public and private sector companies among its client base, including voestalpine, ASAMER and ÖBB.
Boden + Wasser will continue to be led by Gregor Gnjezda and Dirk Gatzemeier, and will become part of RSK’s European division. As well as expanding RSK’s geographic footprint in Austria, it will contribute to RSK’s growing service offering across Europe. This acquisition follows those of European businesses Nicholas O’Dwyer (Ireland), Dr. Tillmanns & Partner (Germany) and Adverbo (Netherlands) between 2019 and 2020.
“More great news for our European operations,” says RSK Chief Executive Officer and Founder Alan Ryder. “The team at Boden + Wasser are very experienced and I’m delighted to welcome them all into the RSK Group. Joining forces really strengthens our offer in Austria and I look forward to future growth in this market.”
“We are pleased to join the RSK Group and begin the next chapter for Boden + Wasser,” says Managing Director Gregor Gnjezda. “Both businesses have a strong reputation for quality, which I believe sets us apart from competitors and will put us in a strong position as we look to grow.”
RSK Europe Divisional Director Nigel Board comments, “It is great to welcome Boden + Wasser into RSK and expand our European footprint. They bring additional soil and groundwater expertise in the industrial sector, which will enable us to diversify our services, not only in Austria, but also elsewhere across the DACH region, where we already have seven offices and another due to open in the coming weeks.”
Boden + Wasser is the latest acquisition under RSK’s funding package from Ares Capital Europe and a revolving credit facility provided by NatWest, as announced in December 2018. The business is RSK’s sixth acquisition of the 2020/2021 financial year and follows the acquisition of Water Research Centre Ltd (WRc), an independent centre of excellence for innovation and growth, and its subsidiary, Cognica, in August.
RSK is investing in the development of new businesses and bolt-on complementary businesses, as well as equipment and facilities, to provide end-to-end solutions to a wide, international client base.