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Zech Group pushes ahead with Internationalisation

BREMEN/GERMANY, January 3, 2013 - On the 5th of December 2013, all required parties signed the contracts of sale for the takeover of Alpine Mayreder Construction Co., Ltd. (AMCC) in China. The takeover became possible within the context of the insolvency proceedings of the parent company Alpine Bau GmbH in Austria. The parties have agreed to maintain confidentiality regarding the purchase price.

Sunflower Tower, the headquarter of AMCC in Peking was build by AMCC

Sunflower Tower, Maizidian Street 37, Peking. The building was constructed by AMCC and is the headquarters of AMCC in China. | photo: Zech-Group

AMCC, with its headquarters in Peking and a branch office in Shanghai, is a fully licensed and profitable building contractor in China. The company’s main areas of focus are office and hotel buildings, as well as industrial constructions throughout China.

AMCC will become a subsidiary of Zech International Holding GmbH, in which the international activities of the Zech Group are bundled. In this regard, 50% of the shares in Construtora Tedesco, which has its headquarters in Porto Alegre, Brazil, were initially taken over in 2008. Today, this has been stocked up to 88 %. This was followed by the purchase of Hochtief do Brasil in 2009, which realises construction projects in virtually all major Brazilian metropolitan cities from its locations in São Paulo and Rio de Janeiro. More than 1,700 persons are employed at the Brazilian subsidiaries, and they generate a noteworthy value-added contribution for the group of companies.

“With the acquisition of AMCC, we succeed in creating an Asian pillar for our international growth. AMCC has excellently qualified employees and a good market standing, which it has earned in more than 30 years in China. It is particularly German and European companies expanding to China that find AMCC to be a reliable partner for their construction projects. Not only does AMCC have all necessary construction service competencies at its command, it is also able to manage the different cultural particularities,” comments Burkhard Schmidt, the managing director of the Zech Group GmbH parent company.

Among others, current building projects of AMCC include a new production and office building of the automobile supplier Inergy in Ningbo, a new construction and extension for Draeger Medical Services in Shanghai, as well as the extension and renovation of the German Embassy in Peking. The Estonian Embassy was also constructed by AMCC, and it recently completed the handover to the clients.

The superordinate umbrella company is Zech Group GmbH. It is a strategic management holding company incorporating six business units with their own actively operating controlling companies. Combining high performance and diversity, the operative companies are active in the sectors Construction, Real Estate, Hotel, Environment / Technology, Industry and International. In this regard, the diversified group of companies, with more than 5,000 employees, is focused on the value chain relating to properties. Thanks to the medium-sized and owner-managed approach, the Zech Group is in a position to seize opportunities rapidly and adapt the structures to the market requirements.