Flatiron to Merge with Dragados

Hochtief and ACS Group have agreed on key terms to integrate their respective companies, Broomfield-based Flatiron Construction Corp. and Spain-based Dragados, to form the second largest civil engineering and construction firm in the United States. The new entity will be owned 61.8% by Madrid-based ACS Group and 38.2% by Germany-based Hochtief. The integration, expected to…

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