Free press releases distribution network?

Agency / Source: HOCHTIEF AG

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



HOCHTIEF Sells Project Services of Streif Baulogistik to Zeppelin - HOCHTIEF Solutions AG, Essen, is selling the major part of its subsidiary Streif Baulogistik GmbH to a subsidiary of the Zeppelin Group - HOCHTIEF.com
HOCHTIEF Sells Project Services of Streif Baulogistik to Zeppelin

 

PRZOOM - /newswire/ - Essen, Germany, 2014/03/11 - HOCHTIEF Solutions AG, Essen, is selling the major part of its subsidiary Streif Baulogistik GmbH to a subsidiary of the Zeppelin Group - HOCHTIEF.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Further concentration on the core business;
• Zeppelin Group takes over approximately 230 employees;
• HOCHTIEF expects small positive one-off gain;
• Closing of transaction expected Q2/2014.

The partners signed a contract for the acquisition of the "project service" business unit, which bundles construction-site logistics and security services. HOCHTIEF expects the transaction to result in a small positive one-off effect on earnings.

"With this sale, we are clearly making further progress in our strategy of concentrating on our core business," explained Marcelino Fernández Verdes, CEO of HOCHTIEF.

The Zeppelin Group is a dynamic provider of retail, engineering and customer services with 190 locations worldwide and five Strategic Business Units. With the acquisition of a major part of Streif Baulogistik the Business Unit Rental will take on approximately 230 employees. Zeppelin Rental intends to expand the integrated site and project management business. For Streif Baulogistik’s remaining business units, crane rental and formwork engineering, HOCHTIEF is currently considering its options.

The sale of Streif Baulogistik‘s project service business unit requires clearance from the merger control authorities. HOCHTIEF expects the closing of the transaction in the second quarter of 2014.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: HOCHTIEF AG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


HOCHTIEF Sells Project Services of Streif Baulogistik to Zeppelin

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
HOCHTIEF AG | Zeppelin
Contact: Christian Gerhardus - HOCHTIEF.com 
+49 201 824-2642 christian.gerhardus[.]hochtief.de
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From HOCHTIEF AG / Company Profile


Read Construction/Architecture/Infra Most Recent Related Press Releases:

PCL Construction Wins Five Top Projects Awards
CIMIC Investment, HLG Awarded A$215M Project in Qatar
CIMIC's CPB Contractors Wins Water Treatment Plant
Business of Design Week 2016 Architects Drafting the Future City
CIMIC's Thiess Awarded Contract Expansion & Extension At Melak
Major Step in Unique Engineering Project as Chernobyl Arch Slides into Place
CIMIC’S CPB Contractors Wins Amberley Base Upgrade Project
VINCI Airports, the Caisse Des Dépôts and Crédit Agricole Assurances Finalise the Acquisition of 60% of Aéroports de Lyon
CIMIC Investment, HLG Awarded AED490m Project in Dubai
PCL Construction Recognized for Building One of America’s Top Roads

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today