Approximately €50m ($57.8m) in 2026 revenue, generated by a workforce of around 80 specialists, sizes Autmatec, the Walldorf-based German transmission line contractor that Hochtief has agreed to acquire. The deal is subject to German Federal Cartel Office clearance. Terms were not disclosed.
| Metric | Value |
|---|---|
| Founded | 1997 |
| Headquarters | Walldorf, Germany |
| 2026 revenue (reported) | |
| Headcount | ~80 specialists |
| Revenue per specialist | ~€625k |
Founded in 1997, Autmatec serves major transmission and distribution network operators across Germany. Its services cover the full overhead transmission line value chain: site preparation, tower foundations, power line installation and project management. At roughly €625,000 in revenue per specialist, the per-unit throughput reflects a skilled-trades model built on technical certifications and long-standing operator relationships. Hochtief described German transmission infrastructure as one of the fastest-growing segments in the European infrastructure market.
The acquisition is expected to complement Hochtief Infrastructure and Hochtief Engineering, enabling a more integrated approach across engineering, procurement and project management on transmission projects. Joining the Hochtief group is expected to give Autmatec access to a broader customer base, greater resources and the capacity to compete for larger-scale contracts, the company said. Autmatec's current leadership team is set to remain in place after closing.
Rationale and the macro case
Hochtief CEO Juan Santamaría attributed the deal to the group's strategy of investing in high-growth infrastructure markets with durable structural demand, calling energy infrastructure one of the defining investment themes of the current period. Hochtief Infrastructure CEO Peter Hingott said the combination pairs Autmatec's specialist certifications and operator relationships with Hochtief's engineering scale and project delivery capacity, enabling the group to support customers expanding and modernising transmission networks across Germany and Europe.
The structural demand case rests on European grid operators' planned investments to support electrification, integrate renewable energy and strengthen energy security, Hochtief said. Grid modernisation is among the long-term structural trends the company cited as shaping the strategy. Hochtief noted its German order book has doubled over the past four years. Germany's government-backed €500bn infrastructure plan, flagged by Hochtief, adds further addressable demand across the sector.