Colas (Bouygues) completes acquisition of Frauenrath's operations in Germany
In accordance with the memorandum of understanding signed on March 19, and following regulatory approval from competition authorities, Colas has announced the completion, as of May 29, of the acquisition of the Frauenrath Group's road construction and recycling activities.
The assets in question represent the first road-related acquisition in the country for the Bouygues subsidiary, which specializes in the construction and maintenance of transport infrastructure and urban development.
Frauenrath's construction and recycling operations (road construction, urban development, circular economy) employ approximately 420 people across sites in Heinsberg (North Rhine-Westphalia) and Großröhrsdorf (Saxony), generating annual revenue of approximately 150 million euros (2025).
This latest acquisition follows Colas Rail's summer 2022 purchase of the Thuringia-based Hasselmann Group, a specialist in railway track and infrastructure construction. It enables Colas to 'establish a solid footprint in the heart of Europe and within the world's third-largest economy'.
Bouygues SA is a diversified services group organized around four sectors of activity:
- construction (48.7% of net sales): construction and maintenance of transportation, leisure, and urban development infrastructures (57.2% of net sales; Colas; No. 1 worldwide for roads), building and public works activities concerning networks, electrical and thermal engineering, and facility maintenance (37.9%; Bouygues Construction), and real estate development (4.9%; Bouygues Immobilier);
- multi-technical services (32.7%; Equans);
- telecommunication (14.2%; Bouygues Telecom): mobile telephony, fixed telephony, Internet access, etc.;
- media (4%; TF1) ;
- other (0.4%).
Net sales are distributed geographically as follows: France (49.8%), European Union (14.6%), Europe (14.1%), North America (12.1%), Asia-Pacific (5.2%), Africa (2.9%), Central and South America (1%), and Middle East (0.3%).
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