M&A Deal Summary

Porr Acquires Franki Grundbau & Co. KG

On December 14, 2016, Porr acquired construction company Franki Grundbau & Co. KG from Heijmans

Acquisition Highlights
  • This is Porr’s 1st transaction in the Construction sector.
  • This is Porr’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-12-14
Target Franki Grundbau & Co. KG
Sector Construction
Buyer(s) Porr
Sellers(s) Heijmans
Deal Type Divestiture

Target

Franki Grundbau & Co. KG

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

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Buyer(S) 1

Buyer

Porr

Vienna, Austria

Category Company
Founded 1869
Sector Construction
Employees20,823
Revenue 6.2B EUR (2024)
DESCRIPTION

Porr is a construction company that 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 1 of 2
Sector: Construction M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: Germany M&A 1 of 2
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 Heijmans Oevermann

Münster, Germany

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

Buy €60M

Seller(S) 1

SELLER

Heijmans

Rosmalen, Netherlands

Category Company
Founded 1923
Sector Infrastructure
Employees5,791
Revenue 2.6B EUR (2024)
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 1 of 2
Sector: Construction M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: Germany M&A 1 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Heijmans Oevermann

Münster, Germany

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 Heijmans Oevermann

Münster, Germany

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

Sell €60M