RKT Übersetzungs- und Dokumentations GmbH & Tanner Translations GmbH & Co. KG

28. May 2020

As a result of the acquisition by RKT, TANNER Translations’ customers and employees will benefit from smooth and efficient digital workflows.

On 01 May 2020, TANNER Transaltions GmbH + Co KG from Düsseldorf has been taken over by RKT Übersetzungs- und Dokumentations-GmbH. The previous business activities and ongoing projects of TANNER Translations will be continued in full in Düsseldorf. Both customers and the newly acquired employees will benefit in the future from a smooth and efficient workflow thanks to integration into the buyer’s PLUNET business & management system.

For the former managing directors, Kerstin Hauke and Gabriele Krullmann, the takeover by RKT was in any case the best possible solution: “Through the takeover, we have rejuvenated ourselves and are optimistic about the future – as a strong joint translation service provider!” Both will be actively involved in project management with a great deal of know-how and experience.

The acquisition of TANNER Translations not only expands RKT, but also our GE|tra|Net| network, which currently unites 13 specialized translation agencies under one roof. RKT has been one of the leading translation service providers for certified technical translations in south-western Germany for over 30 years and has been a subsidiary of the steadily growing German Translation Network AG from Freiburg since 2018.

Atares* acted as exclusive M&A advisor to RKT and initiated the takeover of Tanner. The activities included the discussions and negotiations with the seller of the Tanner assets, the coordi- nation of the due diligence as well as the structuring and negotiation of the economic conditions of the executed asset deal. This is the ninth M&A transaction that atares has exclusively advised for the GetraNet group.

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About RKT

RKT was founded more than two decades ago. As an expert in the mechanical engineering industry, the company founder was confident that his customers would be able to take advantage of the competitive edge offered by the provision of impeccable technical translations when developing international markets.
RKT is a professional translation agency that does not work as a “translation broker”. At RKT, the client can speak on request with both the project managers and the translators personally and explain specific issues. This also applies to RKT’s DTP specialists and programmers.
www.rkt-online.com

About atares

Atares is the digital M&A boutique for technology-driven midcap companies in Germany and sees itself as a pioneer for the digitalization of the M&A industry. Founded in 2001, atares has advised more than 200 transactions in more than 20 years. The focus is on transaction volumes between EUR 10 and 100 million of mostly owner-managed companies. Since November 2023, the company formerly known as Proventis Partners, Munich, has been operating under the new company name atares GmbH. Atares has long-standing personal contacts with corporate and Private Equity investors and M&A advisors in Europe, North and South America and Asia. Highly specialized expertise for the market, empathy for people and passion make atares a sought-after M&A partner for the tech champions of tomorrow. More than 20 employees at atares in Munich and Düsseldorf manage their projects via the in-house developed digital M&A dealfloor (dealfloor.co) – for value-adding, efficient transactions with the best user experience.

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*At the time of the transaction, atares traded under the name Proventis Partners GmbH Muenchen