M+W Group, a German EPC provider, has completed the acquisition of Reliable Plant Solutions GmbH (RPS), a power plant developer with headquarters in Schkeuditz, Germany. Following the takeover, the company has become a 100%-owned subsidiary of M+W Group and has been renamed as M+W Power Solutions GmbH with immediate effect. Its headquarters will remain in Schkeuditz.
Through the acquisition, M+W Group is focusing on energy and environmental technologies as well as providing services for power plants powered by solar and fossil fuels.
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