Bilfinger Berger sells American construction unit

June 17, 2011

June 17, 2011

Bilfinger Berger sells American construction unit 

Bilfinger Berger has completed the sale of the remaining construction activities at Fru Con, its American subsidiary. The unit is specialized in the construction of sewage treatment plants and in the past year generated an output volume of about €50 million. The buyer is Balfour Beatty, the UK-based construction group.

The further expansion of its services activities continues to be the focus of Bilfinger Berger's corporate strategy. In March, the Company completed the sale of another subsidiary, Valemus Australia, thus opening up considerable scope for investment in corporate development.