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German construction group to buy O'Hare
Bilfinger Berger, Germany’s second largest construction group, is to buy UK company O’Hare Engineering for an undisclosed sum.
The Runcorn-based company, which specialises in industrial production maintenance, has a £40 million turnover and 600 employees.
Bilfinger Berger has recently reported earnings before interest, taxes and amortisation of euro16 million (£10 million) for the first three months of 2007. In the same period last year it recorded a euro3 million (£2 million) loss.
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