Hochtief agrees to buy German power grid specialist Autmatec

Reuters2026/09/01 07:06

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Hochtief agreed to acquire Autmatec, a German specialist in building, refurbishing, and installing high-voltage overhead power lines.
Autmatec, founded in 1997 and based in Walldorf, generated about EUR 50 million in 2026 revenue and employs around 80 staff.
The deal expands Hochtief’s capabilities across the power-grid value chain, strengthening its position in Germany’s fast-growing transmission infrastructure market.
Autmatec’s existing management team will continue to run the business within the group.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hochtief AG published the original content used to generate this news brief on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hochtief agrees to buy German power grid specialist Autmatec

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