History - 1997 - 1998
 
Together with the Federal Agency for special problems regarding the German reunion (BvS) and the 100 % state-owned enterprise British Nuclear Fuels Ltd. from Manchester, United Kingdom METZ takes over the activities of the former power plant combine of the GDR. Therefore METZ founded the K.A.B. Kraftwerks- und Anlagenbau GmbH in Berlin as the majority shareholder.

Together with the Federal Agency for special problems regarding the German reunion (BvS) and the 100 % state-owned enterprise British Nuclear Fuels Ltd. from Manchester, United Kingdom METZ takes over the activities of the former power plant combine of the GDR. Therefore METZ founded the K.A.B. Kraftwerks- und Anlagenbau GmbH in Berlin as the majority shareholder.
At the turn of the year 1998/1999 METZ Group continues to diversify with the acquisition of the company Maschinen- und Anlagenbau Grimma GmbH (MAG) owned by BvS. MAG was the major company of the former combine Chemieanlagenbau Leipzig Grimma, which was responsible for engineering, procurement and construction of all chemical and petrochemical plants during the GDR regime.


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