Alantra advised Swiss construction company Implenia on the acquisition of German Bilfinger Hochbau
Alantra advised Implenia, the leading construction and construction services company in Switzerland, on the acquisition of Bilfinger Hochbau from German company Apleona (formerly Bilfinger Real Estate), an EQT portfolio company. The unit has a production output of around €450 million (around CHF 500 million) and over 1,000 employees.
In a statement today, Implenia noted that “the acquisition marks another important step in Implenia’s internationalisation strategy. It strengthens the Group’s market position in Germany and at a stroke achieves the hoped-for opportunity for significant expansion in regional business.”
Completion of the transaction is subject to approval by the competition authorities. Closing is scheduled for the period between the start of February and the end of April 2017.