Ed. Zueblin AG and Gilbane Building Company Partner to Pursue Opportunities in Europe

The Two Construction Firms Combine Experience and Staff to Bring a Wealth of Healthcare and Military Expertise to European Clients


STUTTGART, Germany, July 9, 2012 (GLOBE NEWSWIRE) -- Ed. Zueblin AG and Gilbane Building Company have agreed to a joint venture arrangement, known as Zueblin Gilbane, to pursue and execute suitable projects in Europe. Zueblin Gilbane will focus on construction projects that take advantage of the combined resources and capabilities of the firms, with a clear objective of delivering enhanced value to mutual clients.

"Having recently completed several major projects with the U.S. military in Europe, Zueblin brings the right mix of expertise and area knowledge to complement Gilbane's extensive federal and healthcare capabilities," said Jeff Schramm, Gilbane senior vice president and director of federal sector. "We're excited to expand this partnership and develop mutually beneficial opportunities for Zueblin Gilbane and European clients."

The partnership brings together significant healthcare experience as well as established success working with the U.S. Army Corps of Engineers (USACE). Gilbane recently completed the Fort Belvoir Community Hospital and Zueblin has worked successfully for the USACE and the U.S. military on a number of facilities in Germany. Zueblin is currently collaborating as principal subcontractor to ITSI Gilbane, a Gilbane subsidiary, on the U.S. Air Forces in Europe (USAFE) Headquarters Building 201 at Ramstein Air Base in Germany, providing the opportunity for the two firms to build on an already effective and established working relationship.

The firms are also exchanging technical knowledge and information on building systems including Building Information Modeling (BIM) and exploring the exchange of selected project and technical staff.

About Gilbane, Inc.

Gilbane provides a full slate of construction and facilities-related services – from sustainable building to the latest in construction technology – for clients across various markets. Founded in 1873 and still a privately held, family-run company, Gilbane has more than 60 office locations around the world. Through Gilbane's wholly owned subsidiary, ITSI Gilbane, the company is uniquely positioned to serve major corporations and government agencies in their environmental needs. ITSI Gilbane offers expanded environmental capabilities that provide a full spectrum of consulting and environmental construction services around the world. For more information, visit www.gilbaneco.com.

About Ed. Zueblin AG

Zueblin is headquartered in Stuttgart and, with some 13,000 employees and an annual construction output volume of € 2.7 billion, is one of Germany's leading construction companies. For more than 110 years, Zueblin has been successfully realizing challenging construction projects nationally and internationally and is the German market leader in building construction and civil engineering. The company's range of services includes all construction related tasks – from complex turnkey construction to civil engineering, bridge building and tunneling to public private partnerships. For more information, visit www.zueblin.de.



            

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