STRABAG’s German highway assets increased

STRABAG has increased its stake in the A8 motorway operator PANSUEVIA. This share has been boosted from 50% to 100%. PANSUEVIA operates the autobahn stretch that runs between Ulm and Augsburg in the south of the country. SRABAG purchased the 50% stake in PANSUEVIA that was previously held by HOCHTIEF. As a result, STRABAG is now the 100% owner of the concession company operating the Ulm–Augsburg section of the A8 autobahn. Both parties agreed not to disclose the purchase price however. This section of the
October 4, 2018 Read time: 2 mins

945 STRABAG has increased its stake in the A8 motorway operator PANSUEVIA. This share has been boosted from 50% to 100%. PANSUEVIA operates the autobahn stretch that runs between Ulm and Augsburg in the south of the country.

SRABAG purchased the 50% stake in PANSUEVIA that was previously held by HOCHTIEF. As a result, STRABAG is now the 100% owner of the concession company operating the Ulm–Augsburg section of the A8 autobahn. Both parties agreed not to disclose the purchase price however.

This section of the A8 route is some 58km-long section and was opened to traffic on schedule in September 2015, having taken just over four years to build. PANSUEVIA had designed, financed and carried out the widening of the section to six lanes and took over the maintenance and operation of the section for a period of 30 years. Construction was carried out by a joint venture consisting of STRABAG Großprojekte, HOCHTIEF Infrastruktur and Ed Züblin AG. The refinancing was concluded successfully in June 2016.

Finance & Funding

For more information on companies in this article

Related Content

  • Julián Núñez, head of ASECAP offers a little Spanish enlightenment
    May 1, 2018
    Julián Núñez, president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth. People want to avoid the pain. This is perhaps a bad analogy to use in the case of Julián Núñez, president of ASECAP - European Association of Operators of Toll Road Infrastructures. Núñez had just sat
    Read More
  • A road challenge for Zimbabwe
    November 8, 2023
    Construction work is finally underway for a major new highway link in Zimbabwe after many years of false starts.
    Read More
  • Munich Autobahn widening now commencing
    September 14, 2016
    Preparation work is starting on a widening project for the A99 Autobahn, which runs around the city of Munich in the southern German state of Bavaria. The project will see the A99 being widened from its current six lanes to eight lanes on the north side of the city, between the junctions with the A9 and A92 Autobahn routes. This stretch of the A99 is close to the Allianz Arena as well as the city’s international airport and frequently suffers heavy congestion at peak periods of the day as well as from touri
    Read More
  • Concrete paving a smoother surface using machine control technology
    May 17, 2017
    Innovative technology has been used to deliver a smooth concrete road surface on a busy stretch of highway in Nebraska. Much-needed work on a busy section of Interstate 80 has been carried out in Nebraska to improve the road surface. This is one of the most important highways in the US, providing a link that stretches right across the country between the east and west coasts. This busy highway carries a high percentage of heavy truck traffic as it is a vital transport route. However this constant flow of la
    Read More

Highlighted Content