ACS readies industrial area after sale of business to Vinci in 2021
The Spanish group, through Hochtief, buys Autmatec, a high-voltage installer, in Germany, a specialty in which ACS was a leader until it sold Cobra.
ACS, a Spanish group, has acquired German company Autmatec, a high-voltage installer, for less than 50 million euros from investment fund Maxburg Capital Partners. Autmatec, founded in 1997 and based in Walldorf, Germany, provides services for transmission line construction and has generated around 50 million euros in revenue in 2026.
The acquisition aligns with ACS's strategy to invest in high-growth infrastructure markets, particularly in energy infrastructure. The deal provides ACS's Hochtief unit with access to key capabilities, client relationships, and certifications in one of Europe's fastest-growing infrastructure markets.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
