Strong position in Europe’s biggest construction market

The purchase of Bilfinger Hochbau’s activities strengthens Implenia’s position in Germany, Europe’s biggest market, and creates a platform for further sustained growth.

Implenia signed a contract to buy Bilfinger Hochbau’s activities in mid-December 2016. The unit, which provides building construction services, has a production output of around EUR 450 million and over 1,000 employees. The acquisition marks another important step in the internationalisation strategy launched by Implenia in 2011. It strengthens the Group’s market position in Germany and at a stroke significantly expands its range of services.

Regional provider of building construction services

Bilfinger Hochbau is one of Germany’s leading building construction firms, with a wide reach and a well established regional presence in its domestic market. Its core competences range from planning to turnkey new builds and renovations, to the optimisation of existing property portfolios. Complex building construction projects are acquired and executed centrally by one organisational unit. Specialised in building construction, Bilfinger Hochbau also offers proven expertise in site logistics, cold storage construction and facade technology. The local technical companies in its widespread German network have a long established customer base and offer an attractive portfolio of products and services.

Strengthening of technical expertise

The acquisition gives the Implenia Group the critical mass to take on and execute more complex projects in the German market. Furthermore, Bilfinger Hochbau’s extensive expertise in the use of BIM will help Implenia move forward more quickly on the road to greater digitalisation. This will have a positive effect on the Group’s market potential in German regional business, and will increase operational growth for the long term.

All hands on deck for the integration

The integration team started work at the beginning of 2017 to ensure the new unit is integrated as quickly and smoothly as possible. Subject to review by competition authorities in the relevant countries, the transaction is scheduled for completion at the start of March 2017.