Bilfinger

File:Bilfinger SE Zentrale Mannheim 2019.jpg

Bilfinger dates back to 1880 when August Bernatz founded Bernatz Ingenieurwissenschaft as an engineering business: it became known, from 1886 as Bernatz & Grün and, from 1892, as Grün & Bilfinger when Paul Bilfinger replaced Bernatz as partner.{{cite web|url=http://www.bilfingerberger.com/C125710E004ABFC5/CurrentBaseLink/W26MENTR536MARSEN|title=Bilfinger - der internationale Engineering- und Servicekonzern - Bilfinger SE|date=10 July 2015|work=bilfingerberger.com|access-date=14 July 2015}}

During the Second World War, Grün & Bilfinger employed Jewish slave laborers from the Kovno Ghetto in occupied Lithuania where it was known for its brutal harassment of the Jewish slaves.{{cite book|last=Tauber|first=Joachim|title=Arbeit als Hoffnung: jüdische Ghettos in Litauen 1941-1944|location=Berlin|publisher= De Gruyter Oldenbourg|year=2015|page=187|isbn=978-3110414769}}

In 1970, Grün & Bilfinger acquired a majority stake in Julius Berger-Bauboag AG, itself a merger of two companies, Julius Berger Tiefbau AG and Berlinische Boden-Gesellschaft AG, both founded in 1890. The combined business, fully integrated in 1975, finally took the name Bilfinger & Berger Bauaktiengesellschaft. In 1994 the acquisition of Razel Company took place.

In 2001 the business changed its name to Bilfinger Berger AG.

In 2005, Bilfinger bought all shares of Babcock Borsig Service Group from Deutsche Beteiligungs AG.{{cite web|url=http://www.babcock-borsig-service.de/index.php?id=321&L=1|title=Bilfinger Berger is the new strategic investor|date=2005-06-23|access-date=2010-07-08}}{{cite news|url=http://www.prnewswire.co.uk/cgi/news/release?id=141550|title=Deutsche Beteiligungs AG Divests Babcock Borsig Service|publisher=PRNewswire|date=2005-03-09|access-date=2010-07-09}}

In 2008 the company sold Razel to group Fayat for 137 million euro.[http://www.alacrastore.com/deal-snapshot/FAYAT_SA_acquires_Razel_SA_from_Bilfinger_Berger_AG-534723 FAYAT SA acquires Razel SA from Bilfinger Berger AG] {{Webarchive|url=https://web.archive.org/web/20091021141023/http://www.alacrastore.com/deal-snapshot/FAYAT_SA_acquires_Razel_SA_from_Bilfinger_Berger_AG-534723 |date=2009-10-21 }} Thomson M&A, 20 October 2008

In October 2009 the company acquired directly MCE Beteiligungsverwaltungs GmbH itself, a business based in Linz focused on the design, construction and maintenance of facilities in the process industry and the energy sector.[http://www.bloomberg.co.jp/apps/news?pid=conewsstory&tkr=GBF:GR&sid=annsxVqFGFs4 Bilfinger Offers Remedies in European Union Review of MCE Deal] {{webarchive|url=https://web.archive.org/web/20110723210530/http://www.bloomberg.co.jp/apps/news?pid=conewsstory&tkr=GBF%3AGR&sid=annsxVqFGFs4 |date=2011-07-23 }}

In June 2010, a prospectus was issued with the aim of listing Bilfinger Berger Australia on the Australian Securities Exchange via an initial public offering.[https://www.abc.net.au/news/2010-06-08/german-giant-bilfinger-pushes-ahead-with-float/860724 German giant Bilfinger pushes ahead with float] ABC News 9 June 2010 In July 2010 the listing was abandoned with a trade sale to Lendlease agreed in December 2010.[https://www.theage.com.au/business/bilfinger-berger-postpones-valemus-ipo-20100706-zy1e.html Bilfinger Berger postpones Valemus IPO] The Age 6 July 2010[https://web.archive.org/web/20200317104601/https://www.lendlease.com/-/media/llcom/investor-relations/asx-announcements/2010/20101221-ll-acquire-aus-engineering-and-construction-businesses.pdf Lend Lease to acquire leading Australian engineering and construction businesses] Lend Lease 21 December 2010

In 2010, services contributed to 80% of the company's total output volume of €8,123 million and EBIT for the services division amounted to €297 million.Bilfinger SE: [http://www.bilfinger.com/fileadmin/corporate_webseite/unternehmen/publikationen/Bilfinger-Berger-Geschaeftsbericht-2010_de.pdf Annual Report 2010], accessdate: 25. August 2011 In November 2011, Bilfinger acquired 98 percent of shares in Neo Structo Construction Private Ltd., located in Surat, India, for a purchase price of €47 million.[http://www.allvoices.com/contributed-news/10946861-german-bilfinger-berger-acquires-surat-based-neo-structo-construction German Bilfinger Berger Acquires Surat Based Neo Structo Construction] {{webarchive|url=https://web.archive.org/web/20111126103637/http://www.allvoices.com/contributed-news/10946861-german-bilfinger-berger-acquires-surat-based-neo-structo-construction |date=2011-11-26 }} All Voices, 24 November 2011 In 2010 Bilfinger became a Societas Europaea (SE).[https://archive.today/20130116120310/http://www.allenovery.com/AOWEB/AreasOfExpertise/Editorial.aspx?contentTypeID=1&contentSubTypeID=7946&itemID=55789&prefLangID=410 Advising Bilfinger on transformation into SE] Allen & Overy, 15 April 2010

In December 2014 Bilfinger signed a deal to sell the construction division to Switzerland's Implenia AG. It had once been Germany's second largest builder.{{cite web|url=https://www.bloomberg.com/news/articles/2014-12-22/bilfinger-seals-282-million-sale-to-implenia-to-exit-building|title=Bilfinger Seals $282 Million Sale to Implenia to Exit Building|publisher=Bloomberg|date=14 December 2014|access-date=13 July 2015}}

In June 2016 Bilfinger announced the sale of the facilities management and real estate business to Swedish financial investor EQT.{{cite web|url=https://www.fmj.co.uk/eqt-buys-bilfingers-building-facility-division/|title=EQT buys Bilfinger's building and facility division|publisher=FMJ|date=3 June 2016|access-date=20 March 2019|archive-date=11 August 2017|archive-url=https://web.archive.org/web/20170811214454/http://www.fmj.co.uk/eqt-buys-bilfingers-building-facility-division/|url-status=dead}}

In February 2018 the company announced that it would seek damages from the former directors of the company after alleged breaches in compliance and a series of acquisitions that failed to create shareholder value.{{cite web|url=https://www.euronews.com/2018/02/20/bilfinger-to-seek-compliance-damages-from-former-executives|title=Bilfinger to seek compliance damages from former executives|date=20 February 2018|publisher=Euro News|access-date=20 March 2019|archive-date=21 March 2019|archive-url=https://web.archive.org/web/20190321003140/https://www.euronews.com/2018/02/20/bilfinger-to-seek-compliance-damages-from-former-executives|url-status=dead}} After securing shareholder consent in June 2020, Bilfinger reached a settlement with the former Executive Board members. The settlement with a total volume of €18.2 million ends the assertion of claims of for damages by Bilfinger.{{Cite web|title=Bilfinger Shareholders Approve Settlement With Former Executive Board Members|url=https://www.finanznachrichten.de/nachrichten-2020-06/50005126-bilfinger-shareholders-approve-settlement-with-former-executive-board-members-020.htm|access-date=July 10, 2020|website=FinanzNachrichten}}

File:Logo am Gebaeude.jpg

Bilfinger SE is a Deutsche Börse SDAX index traded, leading international industrial services provider. The portfolio covers the entire value chain from consulting, engineering, manufacturing, assembly, maintenance, plant expansion as well as turnarounds and also includes environmental technologies and digital applications.[http://www.bilfinger.com/en/company/about-us/profile/ Bilfinger company profile] 28. March 2017
Bilfinger, as a result of numerous acquisitions and disposals, is no longer a traditional construction company but instead a provider of services for industrial plants, power plants and real estate.n-tv online, [http://www.n-tv.de/wirtschaft/Bilfinger-Berger-im-Umbruch-article2980011.html Abkehr vom Baugeschäft: Bilfinger Berger im Umbruch] (13. März 2011), zuletzt retrieved, 24 August 2011 In financial year 2019, revenues came from industrial and engineering services in the Chemical & Petrochemical (30%), Energy & Utilities (15%), Oil & Gas (30%), Pharma & Biopharma (10%), Metallurgy (5%) and Cement/Other (10%) industries.{{Cite web|title=Reporting Factbook|url=https://www.bilfinger.com/fileadmin/corporate_webseite/investor_relations/berichterstattung/Reporting_Factbook.pdf|access-date=July 10, 2020|website=Bilfinger SE}}

The ownership of the business as at 31 December 2019 was as follows:{{Cite web|title=Reporting Factbook|url=https://www.bilfinger.com/fileadmin/corporate_webseite/investor_relations/berichterstattung/Reporting_Factbook.pdf|access-date=July 10, 2020|website=Bilfinger SE}}

Major projects have included:

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• Ludendorff Bridge at Remagen completed in 1919{{cite web|url=http://www.bilfingerberger.com/C1257130005050D5/vwContentByKey/W26U3AX8814LUNADE/$FILE/bb_historie_en.html|title=Bilfinger - der internationale Engineering- und Servicekonzern - Bilfinger SE|date=10 July 2015|work=bilfingerberger.com|access-date=14 July 2015|url-status=dead|archive-url=https://web.archive.org/web/20100324054618/http://www.bilfingerberger.com/C1257130005050D5/vwContentByKey/W26U3AX8814LUNADE/%24FILE/bb_historie_en.html|archive-date=24 March 2010}}
• Busch Memorial Stadium completed in 1966
• Munich Olympic Stadium completed in 1972
• Dresdner Bank Tower completed in 1978,
• Oymapinar Dam in Turkey completed in 1984
• Bang Na Expressway completed in 2000{{cite journal | first = Christian | last = Brockmann | author2 = Horst Rogenhofer | date = January–February 2000 | title = Bang Na Expressway, Bangkok, Thailand—World's Longest Bridge and Largest Precasting Operation | journal = PCI Journal | volume = 45 | issue = 1 | pages = 26–38 | doi = 10.15554/pcij.01012000.26.38 | url = http://www.pci.org/view_file.cfm?file=JL-00-JANUARY-FEBRUARY-5.pdf | access-date = 2008-07-19 | archive-url = https://web.archive.org/web/20110616224502/http://www.pci.org/view_file.cfm?file=JL-00-JANUARY-FEBRUARY-5.pdf | archive-date = 2011-06-16 | url-status = dead }}
• Blue Line in Bangkok completed in 2004,{{Cite web |title=Thailand starts digging tunnels for 1st Bangkok subway. - Free Online Library |url=https://www.thefreelibrary.com/Thailand+starts+digging+tunnels+for+1st+Bangkok+subway.-a053924034 |access-date=2024-05-18 |website=www.thefreelibrary.com}}
• Centennial Bridge over the Panama Canal completed in 2004,{{cite web|url=http://www.launching-gantry-operator.com/Pages/panama.html|title=Second Bridge over the Panama Canal|access-date=5 December 2015}}
• Svinesund Bridge between Sweden and Norway completed in 2005{{cite web|url=http://www.bilfingerberger.com/C125710E004ABFC5/CurrentBaseLink/W26PWL9X909MARSEN|title=Bilfinger - der internationale Engineering- und Servicekonzern - Bilfinger SE|date=10 July 2015|work=bilfingerberger.com|access-date=14 July 2015}}
• expansion of the Gloucestershire Royal Hospital completed in 2005,{{cite web|url=https://www.constructionnews.co.uk/home/bilfinger-wins-reprieved-hospital-project/886557.article|title=Bilfinger wins reprieved hospital project|date=26 July 2001|publisher=Construction News|access-date=21 April 2018}}
• northern section of the Nuremberg–Munich high-speed railway completed in 2006{{cite web|url=http://www.mega-project.eu/assets/exp/resources/Case_Template_Nuremberg-Ingolstadt_final.pdf|title=Nuremberg–Munich high-speed railway|publisher=Mega project|access-date=14 July 2015}}
• Golden Ears Bridge near Vancouver in Canada completed in 2009,{{Structurae|id=20013072|title=Golden Ears Bridge}}
• foundations for the London Array completed in 2009{{cite web|url=https://ijglobal.com/articles/59080/infra-pr-london-array-contract-awarded-to-bilfinger-berger|title=London Array contract awarded to Bilfinger Berger|publisher=IJ Global|date=4 November 2009|access-date=14 July 2015}}
• Niederfinow Boat Lift in Germany completed in 2014{{cite web|url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajVUWqNHxlSI|title=German Ship Lift Rebuilt as Stimulus Floods Waterways (Update1)|work=bloomberg.com|access-date=14 July 2015}}
• restoration and conversion of Sonnenstein Castle in Pirna for the Administration Offices in Sächsische Schweiz-Osterzgebirge in Germany completed in 2012[http://www.bloomberg.co.jp/apps/news?pid=conewsstory&tkr=GBF:GR&sid=a4s1tLOlHK3Q German Construction Will See Contraction Ease in 2010] {{webarchive|url=https://web.archive.org/web/20110723210547/http://www.bloomberg.co.jp/apps/news?pid=conewsstory&tkr=GBF%3AGR&sid=a4s1tLOlHK3Q |date=2011-07-23 }}
• Block 9 of the Power station of Mannheim in Germany completed in 2013{{cite web|url=http://www.elinmotoren.at/News-Archiv-Detail.59.0.html?&no_cache=1&L=1&tx_ttnews%5Btt_news%5D=181&tx_ttnews%5BbackPid%5D=18&cHash=7bb9a284a8|title=ELIN Motoren|author=Elin Motoren|work=elinmotoren.at|access-date=14 July 2015|archive-date=11 November 2013|archive-url=https://web.archive.org/web/20131111154633/http://www.elinmotoren.at/News-Archiv-Detail.59.0.html?&no_cache=1&L=1&tx_ttnews%5Btt_news%5D=181&tx_ttnews%5BbackPid%5D=18&cHash=7bb9a284a8|url-status=dead}}
• Edinburgh Trams line in Scotland completed in 2014[http://www.edinburghtrams.com/include/uploads/media_release/infraco_oct07.pdf Transport Initiatives Edinburgh Press Release] {{webarchive|url=https://web.archive.org/web/20111006195051/http://www.edinburghtrams.com/include/uploads/media_release/infraco_oct07.pdf |date=2011-10-06 }}
• North-South line of Cologne Stadtbahn in Germany completed in 2015{{cite web |url= http://schwandl.blogspot.com/2015/12/koln-nord-sud-stadtbahn.html |title=KÖLN Nord-Süd-Stadtbahn|work=Schwandl |date=15 December 2015|access-date=12 October 2018}}
• Sedrun section of Gotthard Base Tunnel in Switzerland (along with Frutiger AG, Implenia and Impresa Pizzarotti as part of the Transco consortium) completed in 2016[http://www.transco-sedrun.ch/1_DEU_HTML.htm Transco website] {{webarchive|url=https://web.archive.org/web/20100529224525/http://www.transco-sedrun.ch/1_DEU_HTML.htm |date=2010-05-29 }}{{cite web | url = http://www.nce.co.uk/features/geotechnical/gotthard-a-titanic-tunnel/5217000.article | title = Gotthard: A titanic tunnel | work = New Civil Engineer | publisher = EMAP Publishing Limited | date = 29 April 2010 | first = Martina | last = Booth | access-date = 15 July 2015}}
• Düsseldorf Stadtbahn from Düsseldorf-Bilk station to Düsseldorf Wehrhahn station completed in 2016{{cite web|url=http://www.worldconstructionnetwork.com/news/bilfinger_berger_completes_phase_i_of_d%C3%BCsseldorf_rail_line_100922/ |title=Bilfinger Berger completes phase I of Düsseldorf rail line |publisher=World Construction Network |date=22 September 2010 |access-date=14 July 2015 }}{{dead link|date=November 2016 |bot=InternetArchiveBot |fix-attempted=yes }}

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In March 2009, a building collapsed in Cologne due to the nearby construction site for the Cologne Stadtbahn Nord-Süd-Stadtbahn {{in lang|de}}. The collapse is suspected to be caused by the construction works, and to several irregularities.{{cite news|url=http://www.la-croix.com/Actualite/Monde/Les-combines-des-chantiers-du-metro-minent-le-vieux-Cologne-_NG_-2010-03-03-547728 |title=Les combines des chantiers du métro minent le vieux Cologne |newspaper=La Croix |date=3 March 2010 |language=fr |publisher=La-Croix.com |access-date=2013-06-10}}{{cite news|url=http://www.lemonde.fr/economie/article/2010/03/02/en-allemagne-les-graves-malversations-du-numero-deux-du-btp-font-scandale_1313307_3234.html |title=En Allemagne, les graves malversations du numéro deux du BTP font scandale |newspaper=Le Monde.fr |date=2 March 2010 |language=fr |publisher=Lemonde.fr |access-date=2013-06-10}} In June 2020, Bilfinger reached an out-of-court agreement that settles all civil claims arising from the collapse of the city’s municipal archive building.{{Cite web|title=Three big contractors agree €600m settlement for fatal collapse of Cologne archives building|url=https://www.globalconstructionreview.com/news/three-big-contractors-agree-600m-settlement-fatal-/|access-date=July 10, 2020|website=Global Construction Review|date=July 2020 }}

Several other construction projects are suspected to have been conducted with irregularities: the Düsseldorf Stadtbahn Wehrhahn-Linie {{in lang|de}}, the Nuremberg–Munich high-speed railway and the Bundesautobahn 1.{{cite web|url=http://www.thelocal.de/national/20100311-25825.html |title=Crumbling A1 motorway casts shadow on construction firm - The Local |publisher=Thelocal.de |access-date=2013-06-10}}

In November 2018, Bilfinger was sued by Christopher Steele, who alleged that the company owed €150,000 for an investigation into Bilfinger's activities in Nigeria and Sakhalin.{{cite news |title=Trump dossier author suing engineering firm for alleged unpaid work |url=https://www.theguardian.com/uk-news/2018/nov/08/trump-dossier-author-christopher-steele-suing-engineering-firm |date=November 8, 2018 |first=Luke |last=Harding |newspaper=The Guardian}}

• Babcock Borsig Service
• Bilfinger Deutsche Babcock Middle East

{{Reflist|2}}

• Bernhard Stier and Martin Krauß: Drei Wurzeln – ein Unternehmen. 125 Jahre Bilfinger Berger AG. {{ISBN|3-89735-411-X}}.

• {{official website|http://www.bilfinger.com/}}
• {{PM20|FID=co/003135|TEXT=Documents and clippings about|NAME=}}

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Category:Companies based in Mannheim

Category:Construction and civil engineering companies of Germany

Category:Mannheim

Category:Construction and civil engineering companies established in 1880

Category:German companies established in 1880

Category:Companies formerly in the MDAX

Category:Companies listed on the Frankfurt Stock Exchange

Category:Societas Europaea companies