Hochtief agrees to buy German power grid specialist Autmatec
Reuters2026/09/01 07:06- Hochtief agreed to acquire Autmatec, a German specialist in building, refurbishing, and installing high-voltage overhead power lines.
- Autmatec, founded in 1997 and based in Walldorf, generated about EUR 50 million in 2026 revenue and employs around 80 staff.
- The deal expands Hochtief’s capabilities across the power-grid value chain, strengthening its position in Germany’s fast-growing transmission infrastructure market.
- Autmatec’s existing management team will continue to run the business within the group.
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