Based in Salzburg, Austria, Hinteregger Group is specialised in industrial civil engineering, power plant construction and underground construction. With its long-standing history the company can look back on an impressive track record of over 480km of gallery, road and rail tunnels and 49 run-of-river and high-alpine power plants. The group generated an annual production output of about € 220m in 2016 and has a workforce of about 890 employees.
PORR is a publicly listed construction company with its headquarters in Vienna, Austria and a full service provider in building construction, civil engineering and infrastructure construction. With its annual production output of close to € 4bn and over 15,000 employees the company is among Europe’s leading providers.
The takeover of 100% of shares in Hinteregger by PORR enables the two companies to offer their customers an even more comprehensive service range thanks to their highly complementary portfolio and bundled expertise. Hinteregger will continue to operate as an independent part of PORR.
MP Corporate Finance managed the entire process including support for the shareholders of Erika Brandstetter Hinteregger-Holding in structuring and executing the challenging transaction and the commercial lead in negotiations.