HOCHTIEF - HOCHTIEF PPP Solutions

Company description

Hochtief is a German construction company based in Essen, North Rhine-Westphalia, Germany. Hochtief is Germany's largest construction company and operates globally, ranking as one of the largest general construction companies in the United States through its Turner subsidiary, and in Australia through a 55 % shareholding in the Leighton Construction company. In 2010 it employed more than 70,000 employees across five corporate divisions. One of these, Hochtief Concessions, is a major airport operator. The others are involved with construction project planning, finance, construction and operation.

In late 2010, Spanish construction company Grupo ACS, which already owned a 30 percent stake of Hochtief, launched a bid that would allow ACS to acquire an additional 20 percent stake of Hochtief. The bid was approved by the German Federal Financial Supervisory Authority (BaFin) on 29 November 2010. ACS raised the stake in Hochtief to 50.16 percent in June 2011, effectively taking over control of Hochtief.

Company details

City:
Essen
Address:
Opernplatz 2D-45128

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • May 29, 2023

    Competitive dialogue phase began for social housing PPP project in Poland

    The Polish municipality of Żory is in the competitive dialogue phase for a US$28 million social housing PPP scheme. The competition for the project involves 5 prominent bidders: Budimex (Ferrovial...

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  • December 19, 2022

    Final component fitted for LA International Airport’s people mover

    LINXS Constructors has completed the final structure of the automated people mover at Los Angeles International Airport (LAX) in California, USA. The Automated People Mover (APM) is an electric train...

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  • May 27, 2022

    BBGI Global Infrastructure acquired 49% stake in Via Solutions Nord

    BBGI Global Infrastructure has acquired a 49% stake in Via Solutions Nord, the project company for the A7 motorway in Germany. The interest in Via Solutions was acquired from entities owned by Ho...

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  • March 30, 2022

    CIMIC Group to consider HOCHTIEF's offer for the acquisition

    CIMIC Group Limited (CIMIC) has released its target statement regarding the off-market takeover offer by HOCHTIEF Australia Holdings Limited, for all of the ordinary shares in CIMIC. HO...

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  • July 09, 2021

    Implementation works started for LAX airport Automated People Mover PPP

    LINXS Constructors, a consortium made of Balfour Beatty, Fluor, Hochtief, ACS, and Bombardier Transportation, has started construction works towards the delivery of the Automated People Mover (AP...

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  • March 31, 2020

    Three companies qualified for A303 Stonehenge road project

    Highways England in the UK has confirmed the inclusion of three consortia to bid for A303 Stonehenge road project. The A303 Stonehenge (also known as the A303 Amesbury to Berwick Down) project in...

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  • March 02, 2020

    Three teams compete for USD1.9bn LRT project in Canada

    The City of Edmonton in Canada has received three submissions for the Request for Qualifications in the tender for Edmonton Valley Line West Light Rail Transit (LRT) P3 project that closed on February...

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  • January 30, 2020

    Contract close for Dutch motorway PPP project

    Earlier this week the GelreGroen consortium signed the A12/A15 motorway (ViA15) contract with Rijkswaterstaat, the operational arm of the Dutch Ministry of Infrastructure & Water Management. &nbs...

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  • December 05, 2019

    Preferred bidder announced for Via15 motorway project

    Rijkswaterstaat in Netherland has awarded the DBFM project A12/A15 Highway Ressen-Oudbroeken (ViA15) to the GelreGroen Consortium. GelreGroen Consortium consists of Dura Vermeer, BESIX, HOCHTIEF,...

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  • November 12, 2019

    Contract award for Mulheim and Kassel Riot police refurbishment project

    The government of Hesse in Germany has awarded the Mulheim and Kassel Riot police refurbishment contract to HOCHTIEF. The project works include refurbishing and modernizing of two police properties wi...

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