Sponsored
Article Tools

The Next Acquisition: STRABAG Buys Gaul-Group

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…

This article includes a total of 170 words.

or Log In

Fast News Search
Related News
Strabag Expands its Competence in Bridge Building – New Order in Poland (October 18, 2010)
Strabag renews € 2 billion syndicated surety loan (October 13, 2010)
Deripaska: Back to Austria as Strabag Shareholder? (September 29, 2010)
Strabag cutting down losses (August 31, 2010)
Strabag sells joint venture share to Sberbank (August 23, 2010)
Strabag signs a deal in Abu Dhabi (July 21, 2010)
Austria's largest construction companies by revenue (July 13, 2010)
Strabag loses job over €3b ($3,7b) in Bosnia (July 5, 2010)
Strabag keeps Implenia in suspense (June 25, 2010)
Read More
Basic Resources, M & A, Expansion, Strabag, Gaul, Hans Peter Haselsteiner, Construction Industry, Hesse
Featured
See latest Vindobona Newsletter