FCC Acquires Remaining Shares in Alpine

People ♦ Published: November 23, 2011; 15:38 ♦ (Vindobona)

Supervisory board chairman Aluta-Oltyan will sell his 20% stake in Austria’s second largest construction company to the Spanish majority owner.

FCC Acquires Remaining Shares in Alpine / Picture: © Alpine Logo Press Photo

Alpine will soon be a fully owned subsidiary of Spanish construction and service industry group FCC. According to “Wirtschaftsblatt”, minority owner Dietmar Aluta-Oltyan, 67, is planning to sell his shares in the Austrian construction company, which he had made the number two player in the domestic industry. He might also give up his function of chairman of Alpine’s supervisory…