# Bilfinger acquires Rodoverken Group AB to expand in thermal energy storage

Bilfinger has reached an agreement to acquire Rodoverken Group AB from Induroc AB. The transaction includes Rodoverken's prefabrication site in Gródek, Poland, and offices in Stenungsund, Sweden, with around 100 employees. The contracts were signed on December 13, 2024, and closing is expected in Q1 2025.

- Type: Acquisition
- Announced: 2024-12-16
- Where: Stenungsund, Sweden; Gródek, Poland, Sweden
- Jobs: 100
- Status: announced
- Products: heat accumulator tanks, thermal energy storage solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Bilfinger](https://endata.com/companies/2448.md) (acquirer)
- [Rodoverken Group](https://endata.com/companies/81789.md) (target)
- [Induroc](https://endata.com/companies/81790.md) (investor)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/BILFINGER-SE-436147/news/Regional-expansion-through-acquisition-of-Rodoverken-Bilfinger-further-implements-group-strategy-to-48596256/), 2024-12-16: "The bolt-on acquisition is in line with the Bilfinger Group Strategy to be the number one for customers in enhancing efficiency and sustainability."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.