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

  • Outgoing IEF president: More universities must share research with SMEs
    August 28, 2013
    The outgoing president of Europe’s largest engineering body is calling for more universities to give small and medium sized businesses open access to the intellectual property (IP) that they create. Professor Andy Hopper CBE is making the plea as he prepares to step down after his one-year term as president of the Institution of Engineering and Technology (IET). “Tax payers are already funding the creation of innovative intellectual property in our universities, so it seems reasonable that more of t
    Read More
  • Quantm is making Trimble one of the world’s leading BIM market challengers
    December 19, 2016
    When Trimble first launched its Quantm software system a decade or so ago, the company was making an important step into end-to-end BIM modelling. The rules of the game were changing fast. Adrian Greeman reports When survey and machine control equipment maker Trimble bought the Australian road planning software system Quantm in 2006 it might not have realised quite what it was leading to. A decade later, Quantm is helping to put Trimble among the big players in the BIM (building information modelling) en
    Read More
  • Road user charging comes to the UK?
    December 14, 2017
    A new funding scheme for England’s proposed Major Road Network was greeted with enthusiasm by local authorities which partly pay for road upkeep. But this enthusiasm may be premature, explains Alan Pauling*
    Read More
  • CECE Summit – is Europe ready for a digital construction worksite?
    November 20, 2015
    The CECE has voiced his concern over government regulations that could strangle innovation for the digitalisation of construction machinery. China’s imploding economy was another topic at the recent conference in Brussels, reports David Arminas. The CECE has urged the European Parliament and European Commission to enact legislation that promotes rather than hinders the construction sector’s transition to a digitalised way of working. “We need a smart regulatory framework that helps to unlock the full poten
    Read More

Highlighted Content