Specialist Contractor Of Highway Construction For Sale

Business description

Preferred Partner of the Major Players in GROWING market

The company, a Leader in its sector, has built a reputation for quality and reliability and is considered by its clients — the major construction groups in Greece — as the top contractor in its specialty fields. Growth so far has been impressive with a 5-year CAGR of 16.6%.

For 2008, growth reached 14%, very close to historic levels. Within the global economic crisis the company is faced with the rather pleasant challenge of staff shortages.

During 2008 the company diversified its services into new areas, thus being able to offer a comprehensive solution for its clients needs.

Highway Construction projects concerning a total of 1.400 km — the so called “Growth Roads” — have commenced during 2008 and are expected to double (if not treble) the total market size. The company, renowned for its quality and certified for its procedures by the majors groups constructing the “Growth Roads” retains the competitive advantage.

The company’s strong position as a preferred partner of the major players in Greek construction makes it a perfect candidate for entering the Greek market through acquisition while at the same time the potential for synergistic cost cutting in overheads and construction personnel is also significant for a strategic buyer.

Other information

Expansion potential:

The stage is set for the "Platinum" years for Highway Construction. Work has commenced on a series of projects totalling 1.400 km. of new highways.

Competition / Market:

Sector Leader. Main Competitors lag behind in terms of quality and reliability.

Reasons for selling:

Lifestyle Change