Foundation of the family craftsman's business Anton Lerchbaumer, Austria
1895
Foundation of the „Straßenwalzenbetrieb formerly H. Reifenrath Gesellschaft mit beschränkter Haftung“, Germany
1954
Foundation of ISOLA & LERCHBAUMER (named ILBAU) and construction of the administrative building in Spittal/Drau
1923
Foundation of the Straßenbau-Aktien-Gesellschaft in Niederlahnstein nearby Koblenz
1930
Introduction of the STRABAG company name
1949
Listing of STRABAG AG, Cologne on the Stock Exchange
1975
Foundation of ILBAU GesmbH. & Co. KG, Vienna
1965
Foundation of STRABAG Austria in Linz
1987
Foundation of BAU HOLDING AG as the holding of ILBAU and initial listing on the Vienna Stock Exchange
1986
Change of STRABAG Austria into a joint stock company and initial listing on the Vienna Stock Exchange
1998
BIBAG Bauindustrie Beteiligungs Aktiengesellschaft as majority owner of BAU HOLDING AG takes over the majority in STRABAG AG, Cologne. BAU HOLDING AG – with the main operative company in the group, ILBAU – and STRABAG AG, Cologne become sister companies.
1999
Complete takeover of STUAG by STRABAG, Austria. Financial settlement of free float of STRABAG, Austria and delisting from the Vienna Stock Exchange.
2000
The BAUHOLDING STRABAG Group unifies its market presence. The Group appears throughout Europe under the uniform core brand „STRABAG“. The brands ILBAU und STUAG are discontinued. In Austria ILBAU and STUAG are merged into the new STRABAG AG. Merger projects follow in the remaining European markets.
2001
BAUHOLDING STRABAG AG becomes majority shareholder and parent company of STRABAG AG, Cologne.
2002
STRABAG AG, Cologne takes over the Deutsche Asphalt Group with 1,500 employees and building output of approx. EUR 150 m.
2003
Spin-off of the free float of BAUHOLDING STRABAG AG and delisting from the Vienna Stock Exchange.
2004
Merging of BAUHOLDING STRABAG's field of concessionary- and operating models into the A-WAY Holding und Finanz AG, a subsidiary of the joint financial holding, FIMAG Finanz Industrie Management AG (former BIBAG Bauindustrie Beteiligungs Aktiengesellschaft). In the new structure, FIMAG Finanz Industrie Management AG takes over the role of a strategic holding and thus serves as a new reporting level.
In October 2004 the legal form of BAUHOLDING STRABAG AG changes to Societas Europaea (SE), a company structure based on European law, the firm's name has thus now changed to BAUHOLDING STRABAG SE.
2005
STRABAG Group takes over major parts of the insolvent WALTER-BAU Group. The package includes DYWIDAG International GmbH and the newly founded DYWIDAG Holding GmbH. This holding company – consisting of DYWIDAG SF- und Ing. Bau GmbH, DYWIDAG Bau GmbH and Walter Heilit Verkehrswegebau GmbH, now Heilit+Woerner Bau GmbH – is acquired by our German group company, STRABAG AG in Cologne. DYWIDAG International GmbH is taken over by BAUHOLDING STRABAG SE. The operating performance of these companies, with some 3,100 employees, amounts to almost EUR 1,000 million.
Takeover of the majority of shares of Ed. Züblin AG, Stuttgart, with more than 7,000 employees and an operating performance of approx. EUR 1,500 million, by BAUHOLDING STRABAG SE.
2006
With the change of name from BAUHOLDING STRABAG SE to STRABAG SE and consolidation of FIMAG with the company, STRABAG SE becomes the new controlling company of the group. It is structured into three business fields – highway construction, building construction, construction engineering, and services. Outwardly, the reorganization is reflected in a new logo.
Besides STRABAG, the principal companies within the group – which achieves an annual result of more than EUR 10 billion with over 53,000 employees – are DYWIDAG, HEILIT + WOERNER, and Züblin.
In Germany, STRABAG AG’s Building Construction and Construction Engineering sectors are sold to Ed. Züblin AG as of 1 March 2006.
2007
In April, STRABAG SE announced the entry of a third strategic core shareholder, Rasperia, a holding company owned by Russian industrialist Oleg Deripaska, which acquired a stake in the share capital of STRABAG SE. In this context, STRABAG SE increased its nominal share capital by 25 million shares from 70 million to 95 million. The original shareholders of STRABAG SE also sold a small amount of their shares to Rasperia.
On 19 October 2007, STRABAG SE launched its IPO in the Prime Market Segment of the Vienna Stock Exchange (Wiener Börse). The shares were offered at € 47 a piece, giving STRABAG SE proceeds of € 893 million from the IPO.
2008
The year 2008 is a year of acquisitions. Alone eight larger acquisitions – among them Adanti SpA (Italy), KIRCHNER Holding GmbH (Germany), F. Kirchhoff AG (Germany) und Deutsche Telekom Immobilien und Service GmbH (Germany) – led to a rise in the output volume by € 2.0 billion.
Published on website:
05.10.2007
- Last update:
6.9.10 11:46:18
