Hochtief and ACS Merge Flatiron and Dragados North America

Streamlining Operations for Enhanced Value

Key Points

• German construction giant Hochtief and Spanish parent ACS merge their North American subsidiaries, Flatiron and Dragados North America.
• The merger aims to create a more efficient and value-driven operation for the parent companies.
• Both Flatiron and Dragados have a history of successful collaboration on high-profile infrastructure projects.

Merger Details

On July 30, Hochtief and ACS announced their plans to merge Flatiron and Dragados North America. The merger will bring together the subsidiaries' expertise in civil construction, transportation, and other infrastructure projects.

The move is expected to streamline operations, reduce redundancies, and enhance collaboration within the merged entity. Both Flatiron and Dragados North America have extensive experience working together on projects, which is seen as a positive sign for the potential success of the merger.

Long-Standing Collaboration

One notable example of Flatiron and Dragados' successful collaboration is their involvement in the 12.4-mile I-294/90 Corridor Improvements project in Illinois. The project, which was completed in 2017, involved the widening and improvements of two major interstates in the Chicagoland area.

The merger is expected to further strengthen the combined entity's capabilities and position it as a leading player in the North American construction market.