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Hochtief USA Inc. history
Hochtief USA Inc. company history timeline
'Neue Attacke gegen Holzmann,' Die Welt (online edition), March 24, 1997.
Exner, Thomas, 'Absage von Hochtief läát Holzmann-Aktie fallen,' Die Welt (online edition), September 26, 1998.
The deal was completed in September 1999, with Turner maintaining its autonomy, and Hochtief gaining a foothold in the United States construction market.
With the withdrawal of RWE as the majority shareholder in 2004, the corporate headquarters became a purely strategic management holding company with a broad distribution of shares.
The civil engineering company Flatiron–one of the USA's Top Ten providers for infrastructural projects–was acquired in 2007.
Whilst executing a series of divestments and investments (most notably the acquisition in 2018 of a 20% stake in international toll road operator Abertis) the group has strengthened its balance sheet and further embedded its presence in its core, developed, markets.
© HOCHTIEF Aktiengesellschaft 2022
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