Strabag SE (WBAG:STR) is looking for acquisition opportunities. On 23 December 2022, STRABAG announced that with the acquisition of northern German cleaning service provider Bockholdt GmbH & Co. KG, STRABAG Property and Facility Services (STRABAG PFS) is expanding its activities in infrastructural facility management.

A corresponding purchase agreement was signed on 22 December 2022. Thomas Birtel, Chief Executive Officer, said that ‘The STRABAG Group's USP is its broad range of services along the entire construction value chain. Particularly in the facility services sector, we still see exciting acquisition opportunities that would contribute to our goal of offering nationwide services with a high degree of in-house performance and specialization.

This has certainly been achieved with the acquisition of Bockholdt GmbH & Co.KG.