Dietsmann completes the acquisition of Karom Romania

Dietsmann acquired the shares of Karom Servicii Profesionale in Industrie from Kraftanlagen Romania and Kremsmueller Romania.

The transaction initiated in late 2019 consolidates the Operations & Maintenance in the energy sector, creating knowledge and operational synergies for both companies.

Karom is a long-term provider of OMV Petrom and currently handling maintenance operations and surface transportation for two of the company’s onshore oil & gas assets.

With a workforce of approximately 300, KAROM has extensive know-how in the upstream Oil & Gas industry, especially in technologies for electrical measurement, control and regulation as well as in the mechanical and piping sector.

“Dietsmann has been expanding in the Balkan region in recent years and KAROM provides a great fit in Romania. Together, we are in a good position to build a strong presence in the Romanian energy industry”, says Peter J. Grobmueller – Country Manager Dietsmann Romania.

Dietsmann made this decision to have a better presence in the Balkan peninsula after extensive analysis identified the region’s potential.

In 2018 Dietsmann acquired Energoremont Holding in Bulgaria and therewith broadening its presence in the petrochemical, nuclear and conventional power and mining sectors in Eastern Europe.

- advertisment -