OHL is to acquire a property company in Texas and to invest between EUR 100 and 150 mln in a silicon factory in China, company manager Villar Mir told publication La Gaceta de los Negocios. The deal in Texas follows the recent acquisition of 80% of Community Alsphalt Corp, an American company specialised in public works, and 70% of the Tower Group, for a total investment of EUR 143 mln.
OHL is to acquire a property company in Texas and to invest between EUR 100 and 150 mln in a silicon factory in China, company manager Villar Mir told publication La Gaceta de los Negocios. The deal in Texas follows the recent acquisition of 80% of Community Alsphalt Corp, an American company specialised in public works, and 70% of the Tower Group, for a total investment of EUR 143 mln.
'We are looking for new investment opportunities in the American market,' Mir said. OHL is a major construction and services group in Spain, with a track record of over ninety years. It is established in sixteen countries.
