Strabag Expands in Switzerland

IndustrialsConstruction ♦ Published: March 22, 2012; 09:57 ♦ (Vindobona)

The Swiss subsidiary of Austrian Strabag enters into strategic partnership with BH-Holding AG in Zurich and Zug.

Strabag Expands in Switzerland / Picture: © Wikimedia Commons / Nationalflagge der Schweiz (Pantone) [Public Domain]

Construction company Strabag today announced the completion of a strategic partnership agreement with BH-Holding AG in the Canton of Zurich and Zug. According to the agreement, the Austrian construction company will be granted the right of first refusal on all projects acquired or developed by Baunova Group and will acquire a 51 % interest in Baunova AG, the construction company of the…