M&A Deal Summary

PORR Acquires Heijmans Oevermann

On March 16, 2017, PORR acquired construction company Heijmans Oevermann from Heijmans for 60M EUR

Acquisition Highlights
  • This is PORR’s 2nd transaction in the Construction sector.
  • This is PORR’s largest (disclosed) transaction.
  • This is PORR’s 2nd transaction in Germany.

M&A Deal Summary

Date 2017-03-16
Target Heijmans Oevermann
Sector Construction
Buyer(s) PORR
Sellers(s) Heijmans
Deal Type Divestiture
Deal Value 60M EUR

Target

Heijmans Oevermann

Münster, Germany
website
Heijmans Oevermann GmbH is a provider of building, road and logistics construction services in Germany.

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Buyer(S) 1

Buyer

PORR

Vienna, Austria

website


Category Company
Founded 1869
Sector Construction
Employees19,808
Revenue 4.7B EUR (2020)
DESCRIPTION

PORR is a construction company. PORR offers building construction services for offices, hotels, universities, apartments, administrative buildings, industrial facilities. PORR was incorporated in 1869 and is based in Vienna, Austria.


DEAL STATS #
Overall 2 of 2
Sector (Construction) 2 of 2
Type (Divestiture) 2 of 2
Country (Germany) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Franki Grundbau KG

Seevetal, Germany

Franki Grundbau GmbH & Co. KG is a provider of excavation pits and pile foundations.

Buy -

Seller(S) 1

SELLER

Heijmans

Rosmalen, Netherlands

website


Category Company
Founded 1923
Sector Infrastructure
Employees4,843
Revenue 1.7B EUR (2020)
DESCRIPTION

Heijmans is a provider of property development, residential building, non-residential building, roads and civil engineering in the working areas living, working and connecting. Heijmans was founded in 1923 and is based in Rosmalen, the Netherlands.


DEAL STATS #
Overall 2 of 2
Sector (Construction) 2 of 2
Type (Divestiture) 2 of 2
Country (Germany) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Franki Grundbau KG

Seevetal, Germany

Franki Grundbau GmbH & Co. KG is a provider of excavation pits and pile foundations.

Sell -