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STRABAG planning sale of hydraulic engineering business to Boskalis

Published: January 4, 2016; 12:00 · (Vindobona)

The European-based construction and technology group STRABAG SE has reached an agreement with Netherlands-based Royal Boskalis Westminster N.V., a leading service provider in the field of dredging and marine infrastructure, on the most important points of the sale of its hydraulic engineering business. As part of an asset deal with a purchase price of EUR 70 million, Hamburg-based STRABAG Wasserbau GmbH, the leader in the German dredging sector, will transfer its equipment, staff and a series of recently signed maintenance contracts to the buyer.

STRABAG planning sale of hydraulic engineering business to Boskalis / Picture: © Vindobona

 

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Mergers - Acquisitions - Takeovers

The European-based construction and…

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