Strabag Becomes Sole Shareholder of German Möbius

Industrials › Construction ♦ Published: July 14, 2011; 11:41 ♦ (Vindobona)

The Austrian construction company further expands its position in the German hydraulic engineering sector. A majority stake in Möbius had been acquired in 2007 already.

Strabag Becomes Sole Shareholder of German Möbius / Picture: © Strabag SE

Strabag is increasing its stake in Josef Möbius Bau AG, Hamburg, from 70 % to 100 %, further expanding its engagement in hydraulic engineering and strengthening its position as German market leader in this business field. Only in April, the construction company acquired 100 % of the civil hydraulic engineering firm Ludwig Voss, Cuxhaven. In Germany, the two companies are currently…

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