US expansion

01 May 2008

Ferrovial has announced it is to acquire Webber Group, a Texas, US-based contractor with annual sales of more than US$ 400 million (€ 323 million). The deal is valued at US$ 220 million (€ 177 million) and is subject to US anti-trust authority approval. The Webber Group builds infrastructure in the Dallas and Houston areas and also has aggregate production and recycling facilities in Texas.

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