WTE becomes part of the STRABAG family in UB4K Sub Division LC Water
Signing successfully completed!
Strategic importance of the acquisition
The transaction with a purchase price of € 100 million and the assumption of shareholder loans is expected to be completed within the next six months. This step is in line with our Strategy 2030, with the aim of further expanding our commitment to water management as a full-service provider.
With this acquisition, the combined annual output in the water technology sector will grow to approximately € 400 million .
Highlights and outlook
We have already achieved significant successes in the field of water technology in the current year:
- Contract awarded for the construction of a water treatment plant in Croatia
- Preferred bidder position for the Haweswater Aqueduct Resilience Programme in the UK
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© Froese/STRABAG -
© Froese/STRABAG