The Next Acquisition: STRABAG Buys Gaul-Group

People ♦ Published: October 20, 2010; 17:12 ♦ (Vindobona)

The German Gaul-group, a regional market leader for construction materials, has been bought by STRABAG for strategic reasons.

The Next Acquisition: STRABAG Buys Gaul-Group / Picture: © Wikipedia / Tsui

The biggest construction company of Austria and CEE, STRABAG, has announced its next deal: STRABAG will completely buy the German Gaul group. The target company achieved 65 million euros of sales in 2009 an possesses two stone pits. The major intention of STRABAG was to obtain access to strategic resources.

Previously, STRABAG´s CEO Hans Peter Haselsteiner managed to purchase…

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Basic Resources, M & A, Expansion, Strabag, Gaul, Hans Peter Haselsteiner, Construction Industry, Hesse
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