GASAG enters into strategic partnership with Dahmen Rohrleitungsbau

HKCF acted as exclusive M&A advisor to GASAG Berliner Gaswerke Aktiengesellschaft

GASAG Berliner Gaswerke Aktiengesellschaft has entered into a strategic partnership with Dahmen Rohrleitungsbau GmbH & Co. KG through the sale of an 81% stake in Bega.tec GmbH, a wholly owned subsidiary of the GASAG Group. The transaction is subject to customary regulatory approvals, including clearance by the German Federal Cartel Office. Closing is expected to take effect as of January 1 of the upcoming year.

Bega.tec is a specialist in pipeline construction and infrastructure services. Through this partnership, Dahmen will assume operational leadership and support Bega.tec in further scaling its business under optimized entrepreneurial conditions.

“Dahmen brings decades of proven experience in working with leading regional utilities and municipal energy providers. As such, they are the ideal strategic partner to develop Bega.tec and expand into the Berlin market,” said Stefan Grützmacher, CEO of GASAG. Hartmut Wegener, Managing Partner of Dahmen Rohrleitungsbau, added: “We are pleased to partner with such a capable and experienced company as Bega.tec. This transaction marks a key step in our expansion into the Berlin infrastructure market.”

Both partners have emphasized their commitment to employee continuity, including the preservation of technical training programs and investment in new technologies. GASAG will additionally support the partnership by securing long-term contract volumes for Bega.tec in the coming years. GASAG will retain a visible minority interest in Bega.tec, underscoring its ongoing commitment to the business and its strategic importance within the group.