Advised on Sale of CompanyBuilding Products & Services
has been acquired by
As part of a succession plan, the shares of Allgemeine Gleis- und Tiefbau- Bauunternehmung GmbH (AGT) were sold to EUROVIA GmbH, Germany, a member of the French VINCI Group. AGT will be integrated into EUROVIA's track construction subsidiary ETF and thereby strengthen its position in the growing market for construction and maintenance of rail tracks in Germany.
EUROVIA is one of Germany's leading road construction companies. As a subsidiary of VINCI, one of the global leaders in construction and concessions, EUROVIA Germany generated a revenue of €922 million in 2019 with approx. 3,700 employees. Strategically, AGT's competence profile ideally complements EUROVIA's range of services, such that EUROVIA can increasingly serve the expansion and maintenance of local public transport in cities and municipalities in addition to the construction and repair of new railroad infrastructure.
AGT GmbH, based in Mainz, has been active in track construction for over 35 years. The customer base includes transport companies of local municipalities and well-known industrial companies, through which AGT has strengthened its know-how in road construction and railroad engineering, as well as in the construction of tracks, switches or complex crossing systems with cross-trade teams. Expert advice, commitment to customer service and pragmatic solution competence have led to a high level of trust from AGT’s long-standing business partners for track maintenance.
The IMAP team exclusively advised and supported the shareholders of AGT in all phases of the M&A process.