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STRABAG PFS buys PORREAL in Poland and the Czech Republic

5 June 2019

STRABAG

STRABAG

Further consolidation of the market position in the core business of property and facility services (PFS)
95 employees generating approx. € 6 million in revenue
STRABAG PFS now among top five FM companies in Poland

Vienna, 5 June 2019 STRABAG PFS Austria is further strengthening its geographical presence. Today, Wednesday, the company signed an agreement to acquire 100 % of the shares of PORREAL Polska sp. z o.o. of Warsaw and PORREAL Česko s.r.o. of Prague. The acquisitions supplement the company’s service portfolio with additional technical expertise and opens up new customer segments. The target companies had previously been owned by the PORR Group, which is withdrawing from the property and facility management business in these regions.

“Following the acquisitions of Caverion Polska and of the property management assets of CORPUS SIREO Real Estate GmbH of Germany within just a few months, we are now taking another step towards consolidating our market position in our core property and facility services business,” says Thomas Birtel, CEO of STRABAG SE, the parent company of STRABAG Property and Facility Services, emphasising the strategic importance of this business area. With this acquisition, STRABAG PFS rises to the top five in the market in Poland.

Together, the two companies generate annual revenue of approximately € 6 million. At PORREAL in Poland, 83 employees are largely responsible for the technical and infrastructural facility management for office properties in Warsaw. In addition to this new customer segment, the acquisition increases STRABAG PFS’s level of vertical integration in the areas of refrigeration and fire protection. For their part, the existing customers of PORREAL will benefit from the integrated facility management services as well as from the expertise of the STRABAG Group in reconstruction, conversion and refurbishment. In the Czech Republic, most of the revenue is generated in Prague with twelve technical specialists.

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STRABAG PFS buys PORREAL in Poland and the Czech Republic

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Marianne Jakl
STRABAG SE
Head of Corporate Communications
Group Spokeswoman

+43 1 22422 1174

pr@strabag.com

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.

STRABAG Property and Facility Services (STRABAG PFS) is a leading real estate service provider that supports its customers along the entire value chain and offers intelligent services for all types of real estate and property – from offices, industrial sites and plants, technology buildings and data centres to residential properties. Its service portfolio comprises real estate management; commercial, technical and infrastructural facility management; construction in existing buildings and specialist industrial services. The group performs all services with a high level of vertical integration, individually tailored to the customer, sector and location. Besides Germany, it also operates in Austria, Poland, Slovakia and the Czech Republic.