Schenck Process Group, the Darmstadt-based global market leader in applied measurement and process technology, has reorganised and simplified its group structure. At the end of 2017, the private equity investor Blackstone acquired Schenck Process Group from the financial investor IK Investment.
The reorganisation of the Schenck Process Group was carried out on the basis of several intra-group mergers (Kettenverschmelzung). In addition, several control and profit and loss transfer agreements were concluded to restore the fiscal unity within the group. The new structure continues to consist of a holding company responsible for the group management and several operative subsidiaries.