Dragados USA, Inc.’s Post

Integration of Flatiron and Dragados North America Civil Construction businesses to create value for HOCHTIEF and ACS Our civil construction operations in North America will have new reach and increased potential, with the combination of Flatiron Construction, Dragados Canada, Inc. and Dragados USA, Inc. 🚀 Coming together as one, the new entity will rank as the second largest in US civil construction. It will have unparalleled civil infra experience and geographical reach across 24 states and eight provinces, powering growth across the US and Canada. 🤝 The simplified structure combines Flatiron’s leadership in the low risk collaborative delivery segment with Dragados’ track record in complex projects to create an even stronger future, and will be value accretive for shareholders of Grupo ACS and HOCHTIEF. Chief Executive Officer of HOCHTIEF, Juan Santamaria said: "I look forward to reporting on what the ‘Flatiron Dragados’ team achieves for customers, community and other stakeholders." Peter Davoren will serve as Chairman of Flatiron Dragados (in addition to his role as Chairman, CEO and President of Turner Construction Company) and Javier Sevilla, current CEO of Flatiron Construction, will serve as CEO. More information: https://di-ri.co/mIZXS #Construction #Infrastructure #Merger 🎥: ©️ ACS Group