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

  • Astec Industries CEO and president Ben Brock says stay focused and true to win
    July 8, 2016
    Core values, constant innovation and looking after the customer are the key drivers for Ben Brock, chief executive officer and president of Astec Industries. How does he keep his company ahead of the pack and what does he think that the future holds? if you ask Ben Brock to explain how his Astec Industries group has managed to do so well for so long, he doesn’t even pause for breath. “That’s easy, I thank the good doctor. He always told me: do good work and take care of the customer ... which is exactl
    Read More
  • More making the grade
    March 11, 2014
    The grader market may be comparatively small but it is still fiercely fought and while Caterpillar holds a strong market share worldwide, other firms are also increasing their presence in the sector. John Deere hopes to capitalise on its share by installing the new G-series graders with the firm’s PowerTech, Tier 4 Final compliant engines. The engine update has also allowed engineers to install a number of other upgrades. The G-Series still includes 12 models, with power ranging from 164-214kW and six o
    Read More
  • Tunnel technology improves driving safety
    February 14, 2012
    Tunnel technology advances will make driving through underground links considerably safer, writes Mike Woof
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More

Highlighted Content