LTB Leitungsbau GmbH boosts BKW’s growth in the transmission line market Mittwoch, 09. Oktober 2019 - 07:00
LTB Leitungsbau GmbH boosts BKW’s growth in the transmission line market
BKW Infra Services expands into Germany
Bern, 9 October 2019
BKW Infra Services has taken a major step towards development in a new geographical region. Following the acquisition of LTB Leitungsbau GmbH, BKW Infra Services is now one of the top three companies in the German transmission line market. LTB is one of the market leaders in the segment and has about 400 employees. This move will boost BKW’s growth strategy in its grid services segment. BKW expects to see rapid growth in the market for construction, upgrades and maintenance of high voltage and peak voltage transmission lines in Germany.
LTB Leitungsbau GmbH is a market leader in the construction and maintenance of energy infrastructure domestically and abroad. Its focus is on planning and installation of transmission line systems and the related engineering, as well as the development and distribution of geographic information systems, assembly techniques and tools for the construction of transmission lines.
LTB’s big customers include transmission system operators (TSO), regional and interregional distribution system operators (DSO), Deutsche Bahn AG and various other industry customers. The company is based in the town of Radebeul in Germany’s federal state of Saxony and has other main hubs in Lichtenberg (Saxony), Güstrow (Mecklenburg-West Pomerania), Lehrte/Ahlten (Lower Saxony), Neuenhagen (Brandenburg), Dortmund (North Rhine-Westphalia) and Mannheim (Baden-Württemberg).
In Switzerland, BKW Infra Services is the market leader in services for high voltage and maximum voltage transmission lines. The merger with LTB will allow BKW Infra Services to further develop its infrastructure services and continue on its successful growth trajectory. The main market driver in the building of transmission lines in Germany is the intensive expansion of renewable energies and the associated need to transport current from the power-generating regions to industrial and population centres. The high demand for upgrades and maintenance of existing grid infrastructures is also driving growth.
A short video on the acquisition of LTB Leitungsbau GmbH, including an interview with Suzanne Thoma, CEO of BKW, is available here. It is also available on BKW’s social media channels: Twitter, LinkedIn and YouTube.
The BKW Group is a Bern-based international energy and infrastructure company. Its company network and extensive expertise allow it to offer its customers a full range of integrated solutions. The Group plans, builds and operates infrastructure to produce and supply energy to businesses, households and the public sector, and offers digital business models for renewable energies. Today, the BKW Group portfolio comprises everything from engineering consultancy and planning for energy, infrastructure and environmental projects to integrated offers in the field of building technology and the construction, servicing and maintenance of energy, telecommunications, transport and water networks.
The registered shares of BKW AG are listed on the SIX Swiss Exchange.
BKW Infra Services is the division of BKW responsible for management of all the company’s services for the grid infrastructure segment. In Switzerland, this specifically includes Arnold AG and its four subsidiaries, which employ about 1,000 staff. With the expansion into Germany, the division will now have approximately 1,400 employees in total.
LTB Leitungsbau GmbH specialises in the building of transmission lines throughout Germany. The company employs about 400 staff at seven locations to cover the full range of services for transmission line construction nationwide. In 2018, LTB Leitungsbau reported a solid EUR 90 million in revenue.
