# Porr acquires Hinteregger Group for EUR 29.8 million

Porr AG, Austria's second-largest construction group, is acquiring the entire Hinteregger Group, a Salzburg-based construction company, for EUR 29.8 million. The transaction is subject to regulatory approval.

- Type: Acquisition
- Announced: 2017-07-21
- Where: Salzburg, Austria
- Value: $35.0M (29.8M EUR)
- Status: announced
- Products: construction services
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Porr AG](https://endata.com/companies/22697.md) (acquirer)
- [Hinteregger Group](https://endata.com/companies/25785.md) (target)

## Sources

- [oe24.at](https://www.oe24.at/businesslive/porr-uebernimmt-salzburger-hinteregger-gruppe/292033145), 2017-07-21: "Österreichs zweitgrößter Baukonzern Porr übernimmt die Salzburger Hinteregger-Gruppe zur Gänze"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.