Kaefer Owners Study Sale of Company at More Than €2 Billion Value

The owners of Kaefer are exploring a sale of the German industrial services company, which could be valued at more than €2 billion ($2.3 billion), people familiar with the matter said.

Industrial plant builder SMS Group GmbH and buyout firm Altor Equity Partners are working with Deutsche Bank AG on a potential disposal of their joint 50% holding in Kaefer, according to the people.