Hatch wins the TAC Infrastructure Achievement Award for the Kingston Third Crossing (Waaban Crossing) project in Canada
Hatch is proud to announce that it has won the Transportation Association of Canada's (TAC) Infrastructure Achievement Award for its work on the (Waaban Crossing) Kingston Third Crossing project. The award recognizes outstanding achievement in transportation infrastructure planning, design, and construction.
Metso has signed an agreement for the supply of metallic mill linings for SAG mills and Megaliner™ mill linings for ball mills to a copper and gold mine in South-East Asia. The customer selected Metso’s metallic mill lining solutions after a performance test.
Hochtief subsidiary Flatiron to develop transformative light rail project in Calgary in a joint venture
Flatiron has been awarded a 16-months Development Phase JV contract for the largest infrastructure investment in Calgary’s history
Implenia Construction GmbH
Implenia’s acquisition of Wincasa successfully completed
Implenia’s acquisition of Wincasa successfully completed (credits: Wincasa)
- Unique, integrated service offering for all clients
- Additional, recurring earnings and higher-margin business
- Significant growth and synergy potential for Implenia Group
- Wincasa as a legally and operationally independent entity within Division Buildings
The acquisition of Wincasa was completed yesterday (closing); the leading Swiss real estate service provider is now part of Implenia with immediate effect. The official approvals have been granted. Implenia and Swiss Prime Site Group signed the purchase agreement for the acquisition of Wincasa on 29 March 2023. Wincasa manages more than 250,000 properties for its clients and holds CHF 81 billion of assets under management.
Unique, integrated service offering for clients
The acquisition expands Implenia’s value chain in the operational phase of properties. A unique offering that covers a properties’ entire life cycle is being created for existing and new clients. The acquisition reinforces the Group’s outstanding position as an integrated construction and real estate service provider. Implenia also expects the acquisition to generate additional recurring income and higher-margin business. This will lead to an increase in earnings per share (EPS) before synergy potential from the first full fiscal year onwards.
Significant growth and synergy potential
The new Wincasa entity brings significant growth potential to the entire Implenia Group as well as mutual revenue synergies from consulting, construction and modernisation projects, for example, and from additional management mandates within the Group. In addition, the digital prop-tech solutions developed by Wincasa will complement Implenia’s ongoing efforts to make the interface with property users as efficient as possible. Last but not least, sustainability has long been a focus for both Implenia and Wincasa: by pooling competencies, Implenia will be able to offer its clients comprehensive expertise in sustainability over the entire property life cycle.
Wincasa as a legally and operationally independent entity of Division Buildings
Wincasa, with approximately 1,350 employees (FTE) working at 33 locations throughout Switzerland, is becoming part of the Implenia Group. Wincasa AG will be managed as a legally and operationally independent entity within Division Buildings. The strong and established Wincasa brand will remain in place. The existing Wincasa management team will seamlessly continue to run the operational business.
REMA TIP TOP: Gulich´s Nachf. Fördertechnik GMBH acquires Knapheide GmbH Hydraulik-Systeme - strenghtens its position in the German conveyor technology market
H. Gulich's Nachf. Fördertechnik GmbH, a company of the globally operating REMA TIP TOP Group, acquired the conveyor technology division of Knapheide GmbH Hydraulik-Systeme. With the acquisition REMA TIP TOP expands its production capacity of high-quality conveyor belts in Germany.
Founded in 1967, Knapheide was a highly specialized supplier of custom and turnkey hydraulics solutions as well as conveyor belts. Operating a modern and well-equipped production site with experienced employees in Beckum, Germany, Knapheide supplied domestic and international markets.
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