Strabag in €210 million Ed Züblin acquisition

Premium Content

08 April 2016

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 a core shareholder of Strabag.

Strabag initially acquired its stake in Ed Züblin in 2005, following the insolvency of the then-owner Walter Bau, increasing its holdings through subsequent smaller purchases. Until now, Strabag held 57.26% of Ed Züblin’s shares.

Thomas Birtel, CEO of Strabag, said, “The full merger will allow an even closer partnership, facilitating the coordination of our corporate strategy and making cooperation easier within the group.

Engineering certainty: Lift planning’s expanding role in heavy industry
Driven by tighter critical lift procedures, heavier loads, and shrinking field experience, lift planning now sits at the center of construction execution
Istanbul – the world’s next meeting place
Levent Baykal, organiser of Komatek, the largest construction exhibition in Türkiye, talks to KHL’s Content Studio about his plans to put people at the heart of the show
The future of off-highway power is about integration, not just innovation
OEMs face growing complexity in powertrain decisions – but clarity is emerging around efficiency and uptime