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Harsco acquisition, a positive start

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THE acquisition between Harsco and the Hunnebeck group, in November 2005 is reported to have a positive start.

The Hunnebeck group access service division is reporting a strong order book for its formwork equipment across key European markets, consistent with the Companys expectations.

In November 2005, the acquisition was expected to further accelerate the strategic growth of Harscos Access Services segment, expanding it to more than $900 million in projected annual revenues.

This Quarter
Hunnebeck has secured a number of new, medium-duration formwork orders for several large-scale projects in Europe. Prominent among these are equipment rental and sales orders totalling close to $3 million for the Tour 1 and La Granite multi-floor office projects in the expanding financial and commercial district of Paris known as La Défense.

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