M&A July 2022

Kanalservice Gruppe acquires a stake in TurboFix

The Kanalservice Group has acquired a stake in TurboFix, based in Essen. The company was established 17 years ago and has a high level of expertise in the field of pipe cleaning und maintenance as well as all aspects of sewer maintenance. TurboFix employs more than 80 people and has a modern fleet of cleaning vehicles, camera trucks, as well as various pipe rehabilitation systems for the house connection area. Efficient processes and organisation also distinguish TurboFix and set it apart from the market. With TurboFix, the Kanalservice Group strengthens its regional presence in North Rhine-Westphalia and significantly expands its range of services.

The Kanalservice Group is a fast-growing and leading full-service provider in the field of underground infrastructure maintenance (UIM, Underground Infrastructure Market) in the DACH region. The group offers its customers innovative solutions in the areas of sewer cleaning, sewer inspection, sewer rehabilitation, surface cleaning as well as vacuuming and disposal - all from a single source. The Kanalservice Group, headquartered in Frauenfeld, Switzerland, is a holding company and employs over 450 motivated professionals at its sixteen locations.  

Sancovia initiated the transaction and advised the buyer throughout the process.