FCC-Alpine
Premium Content
29 April 2008
Austria: Spanish construction group FCC has agreed to pay € 480 million (US 615 million) for an 80.7% stake in Alpine Mayreder Bau, Austria's second-largest contractor. Alpine expects revenues of € 2.01 billion (US$ 2.58 billion) in 2006 and Earnings Before Interest, Tax and Amortisation (EBITA) of € 115 million (US$ 147 million). Its order backlog is expected to total € 2.8 billion (US$ 3.6 billion) by the time the deal is complete.
Open to all companies with more than 1,000 units of access equipment in their fleet
Rental companies, national associations and industry stakeholders encouraged to be involved
Levato 650 hoist provides effective access to Longchuan River Bridge project