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Private Equity | Construction & Engineering Services

Grothe Bau has been acquired by TERRAS Tiefbau Group

January 2024 — The private shareholder of the civil engineering company Grothe Bau Group has sold a majority stake to the TERRAS Tiefbau Group. With this transaction, the combined group reinforces its market position and future growth potential in the civil engineering sector.

Established in 1960 in Lübeck, Grothe Bau focuses on canal, road, earth and cable duct construction in Northern Germany. The family-run business emphasizes reliability, quality and client relationships, integrating traditional and innovative construction methods. The company is known for its skilled workforce, modern machinery and adherence to the latest quality and safety standards, underscoring its commitment to delivering high-standard construction services.

The Germany-based TERRAS Tiefbau Group is evolving as a robust network of companies in the civil engineering sector. The group addresses industry challenges, such as, skills shortages and resource scarcity by fostering synergies among member firms. With a focus on infrastructure services and a broad spectrum of capabilities from engineering to waste management, the group aims to achieve significant growth and solidify its position as a leading entity in the German civil engineering landscape.

Our role in the transaction

Oaklins’ team in Germany provided comprehensive advisory services to the private shareholder of Grothe Bau Group in this transaction, leveraging its extensive industry expertise and network to facilitate a seamless process. This transaction, indicative of our commitment to achieving optimal outcomes for our clients, involved detailed assessments and guidance to ensure a smooth transition.

Parties

Talk to the deal team

Christoph Rummelt

Director
Hamburg, Germany
Oaklins Germany

Dr. Florian von Alten

Managing Partner
Hamburg, Germany
Oaklins Germany

Felix Daetz

Senior Associate
Hamburg, Germany
Oaklins Germany

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