Hochtief Buys Flatiron Construction
Royal BAM Group, the Dutch parent of Flatiron Construction Corp., Longmont, Colo., announced on Sept. 25 that it has sold the firm to Hochtief AG, Essen, Germany, for $243 million. The purchase expands Hochtief’s North American holdings into infrastructure and public-private transportation markets. It also owns Turner Corp., Dallas.
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