PLANO, Texas & SANTA CLARA, Calif.--(EON: Enhanced Online News)--Total Facility Solutions (TFS), a Company of the M+W Group, has finalized an Asset Purchase Agreement to acquire all assets and certain liabilities of Ray L. Hellwig Plumbing & Heating, Inc. (Hellwig), headquartered in Santa Clara, California (USA). The agreement states that TFS will take possession of the office space and all equipment housed there, employ existing staff, and assume contracts with current customers. The purchase is part of TFS’ target to expand into all industrial areas in the US. With this new branch location, TFS underlines its “local commitment and global experience” strategy targeting Life Sciences and Advanced Technology customers.
“I believe the combination of TFS and Hellwig will be dynamic. By increasing our offerings, we will now be able to provide a complete solution to our customer base.”
In business since 1947, Hellwig delivers a wide range of piping experience in the commercial, institutional and industrial business, providing turn-key service to general contractors and owners, including complete mechanical and plumbing systems. Its team of over 60 seasoned professionals is experienced with a wide range of materials and specialty installations.
TFS has continued to experience rapid growth over the past several years, reaching more than $250 Million USD in annual revenue for 2015, while building a robust team of over 750 employees. The Hellwig acquisition is a key component of its overall mission to expand service offerings to new markets and regions across the US and abroad.
“This acquisition provides us with an important cornerstone to our growth strategy.”, said Kurt Gilson, President of Total Facility Solutions. “The idea is to expand on the existing offerings while bringing strength from the TFS business. Hellwig’s team of experts will reinforce our ability to provide services in Northern California. The combined competencies of these exceptional teams will provide a full service solution for our customers.”
“I believe the combination of TFS and Hellwig will be dynamic. By increasing our offerings, we will now be able to provide a complete solution to our customer base.”, commented Doug Jones, Branch Manager at the California location. “The strengths and capabilities that these two companies bring to this union will catapult us to the forefront as one of the top contractors in Northern California.”
About Ray L. Hellwig Plumbing & Heating, Inc.: Ray L. Hellwig Plumbing & Heating, Inc. (Hellwig), headquartered in Santa Clara, CA, was incorporated in California in 1947. Hellwig has a wide range of piping experience in the commercial, institutional and industrial business. The company’s services include the design and installation of complete plumbing systems, HVAC hydronic piping, and medical gas installations. During the financial year 2015, Hellwig generated sales of ~20 million US dollars with about 60 employees in California. For more information, please visit www.rlhellwig.com
About Total Facility Solutions: Total Facility Solutions, Inc. (TFS), headquartered in Plano, TX, provides turnkey facilities contracting services including high-purity piping, gas and chemical systems, ultra-high purity water systems, tool and equipment installation, clean utilities, and electrical services to the semiconductor, electronics, nanotechnology, photovoltaic, life sciences, mission critical, and renewable energy industries. The company is a wholly owned subsidiary of M+W Group, a full service architectural, engineering, and construction management firm that offers a broad range of global services to public and private science and research, biotechnology, electronics, advanced technology, manufacturing, and institutional clients. For more information, please visit: www.tfs-us.com
About M+W Group: M+W Group GmbH, based in Stuttgart/Germany, is a leading global high-tech engineering company. Established in 1912, the company operates in more than 30 countries. The M+W Group manages projects of all dimensions on behalf of clients from various sectors, including electronics, chemicals and pharmaceuticals, energy and information technology — from semiconductor plants to nanotechnology research centers. The company offers a full range of services from concept and design to turnkey solutions. During the financial year 2015, the M+W Group generated sales of ~3.4 billion US dollars (~3.0 billion euros) with around 6,000 employees worldwide. For more information, please visit: www.mwgroup.net.