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

  • PPP for Danish highway
    February 7, 2012
    Construction of the first public-private (PPP) funded highway in Denmark will see a new road in the south of the country near the German border. The Kliplev Motorway Group (KMG) is one half of Denmark's first ever PPP with the government, after winning the tender to build the highway. KMG is financing the whole project and the deal includes construction and ongoing maintenance when it is complete. KMG is the concessionary company for the project and is 100% owned by the Austrian company STRABAG, Europe's la
    Read More
  • Goldman Sachs buys into infrastructure business Essel Highways
    August 16, 2016
    A consortium of investors led by Goldman Sachs has agreed to invest US$220 million in Essel Highways, part of the Essel Group. This is the US private investment firm’s first foray into India’s road infrastructure market, according to India’s financial media reports. Essel Highways, a subsidiary of Essel Infraprojects, constructs, develops and operates national and state highways. Essel Highways, set up in 2007, boasts road assets valued at around $2 billion. It has a road development portfolio of 1
    Read More
  • Strabag in Hungary M6 deal
    November 10, 2020
    The southernmost Bóly-Ivándárda section is the last M6 section to be built.
    Read More
  • Deutz new orders worth down 16.4% in 2012 to €1.237.1 billion
    March 19, 2013
    German engine manufacturing giant Deutz saw the worth of its new orders fall 16.4% in 2012 to €1.237.1 billion, compared to 2011 new orders worth €1.479.3 billion. The Cologne-based firm sold almost 179,000 engines in 2012 - 22.5% fewer than in the previous year. The Deutz Group's revenue decreased by 15.5% to €1.291.9 billion in 2012. Average revenue per engine increased owing to the greater proportion of higher-value engines. Deutz said the difficult economic climate in Europe and a weakening capital equi
    Read More

Highlighted Content