News - 01/12/09
Strategic Partnership with Zech-Group
HOCHTIEF do Brasil closed today a strategic partnership with Zech-Group, reaching an important milestone of its development in the country.
Zech-Group is a German company, with strong presence in the construction , real state development, hotel and environment markets, among others. In Brazil, this well-known group celebrated 100 years of history in 2009, being active on the environment markets through partnerships with many companies, and on the construction market through an equity interest in the company Construtora Tedesco Ltda.
HOCHTIEF AG is still a minority shareholder of HOCHTIEF do Brasil holding, its main representative in South America, thus guaranteeing maintenance of its business platforms for big construction projects related to infrastructure and other services included in its portfolio, such as concessions, PPP, etc.
According to the main representatives of HOCHTIEF do Brasil, Detlef Dralle, CEO, Jorg Wiemeyer, Executive Vice-President, and André Glogowsky, Chairman of the Board of Directors, this partnership came at the right time, featured by the greatest balance of contracts ever in the history of the company: “With Zech-Group as a partner in our company, we combine, through the resulting synergies, the ambition of a traditionally entrepreneurial group, which is seeking growth Brazil, with the experience and strength of HOCHTIEF do Brasil, which has been in the country for over 40 years,” say the executives.