Strabag makes key acquisitions

Strabag is boosting its operations with the planned acquisition of Swiss firms Brunner Erben Holding and Astrada.
March 2, 2012 Read time: 1 min
945 Strabag is boosting its operations with the planned acquisition of Swiss firms Brunner Erben Holding and Astrada. The deal still has to be cleared by the competition authorities and the size of the transaction has not been revealed. The move will make Strabag the third largest construction company in Switzerland and this portion of the firm's business is expected to generate revenues of around €615 million/year. Brunner Erben is a construction company with a regional focus in Zurich and eastern Switzerland. Astrada's regional focus is on the cantons of Solothurn and Bern.

For more information on companies in this article

Related Content

  • Hexagon’s Voyansi acquisition expands BIM portfolio
    June 19, 2024
    Hexagon’s acquisition of Voyansi expands its BIM portfolio.
    Read More
  • New South Africa bridge project for STRABAG
    September 6, 2017
    Contractor STRABAG is to work on the project to build a new bridge connection in South Africa. This structure is of note as it will be Africa’s highest bridge at 223m high. The 1,132m long bridge will span the Mtentu River in eastern South Africa, close to the town of Flagstaff. The contract has a value of around €106 million and the construction work is expected to take 40 months to complete. STRABAG International is working with the South African contractor AVENG Grinaker-LTA on the project
    Read More
  • Yanmar is buying Terex’s compact machine business
    June 21, 2016
    Japanese firm Yanmar is acquiring the compact construction equipment business of Terex Corporation. The deal is worth around US$60 million and will see ownership of Terex Corporation’s German operations that manufacture compact machines being transferred to Yanmar Holdings. Terex manufactures and markets ranges of wheeled loaders, midi and mini excavators, wheeled excavators, and a number of other products in Europe through this business. Included in the acquisition is the manufacturing facility located in
    Read More
  • Fayat finalises Dynapac deal and closes acquisition
    October 5, 2017
    Fayat has now completed its acquisition of Dynapac. French firm Fayat has acquired the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are known under the Dynapac trade name. The agreement includes sales and services operations in 37 countries, production units in four countries: Sweden, Germany, Brazil and China and a production partnership in India.
    Read More

Highlighted Content