Hochtief to Acquire German Power Transmission Firm Autmatec

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The group has not revealed the financial terms or the economic amount. The acquisition falls within the overall strategy of Hochtief. More information: Hochtief (ACS) participates in a major expansion of the London power grid

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Hochtief, subsidiary of the ACS group, strengthens its position in the energy infrastructure market with the purchase of the German company Autmatec, specialized in the construction, renovation and installation of transmission line infrastructures, as announced in a statement. The acquisition expands the company’s capabilities throughout the energy transmission value chain. In addition, the operation represents a further step in Hochtief’s strat…

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The German construction and infrastructure group Hochtief, subsidiary of the Spanish company ACS, has closed a...

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The operation brings 80 professionals and new capabilities to the ACS group to take advantage of the modernization of energy networks in Germany and Germany.

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ACS closes the purchase of Autmatec, a German high-voltage network firm that bills 50 million annually, and strengthens its energy business.The ACS ticket buys Autmatec, the German 50 million invoicing, to strengthen its electricity networks aparece primero en Merca2.