Strabag in €210 million Ed Züblin acquisition

Strabag has completed the acquisition of German-based Ed Züblin in a deal worth €210.3 million.

The Austrian-based construction company – which initially acquired its stake in Züblin in 2005 – now holds 100% of its shares.

Strabag’s subsidiary, Ilbau Liegenschaftsverwaltung, holds 94.9%, while the remaining shares have been acquired by…