The integration of Flatiron and Dragados North America has created the second-largest civil engineering and construction company in North America. According to the leadership from both companies, the merger brings significant growth potential in key marketplaces, along with unmatched civil infrastructure expertise and an expansive geographical reach.
The Merge of two giant contractors in the US
Javier Sevilla, CEO of the FlatironDragados, announced the successful integration of Flatiron and Dragados North America, following the combination announcement in July 2024 by DRAGADOS and HOCHTIEF.
FlatironDragados is owned 61.8% by DRAGADOS, S.A., and 38.2% by HOCHTIEF. Javier Sevilla leads the company as CEO, while Peter Davoren serves as Chairman, alongside his responsibilities as Chairman and CEO of Turner Construction Company.
FlatironDragados begins 2025 with an impressive project backlog of USD $18.5 billion and combined revenues of USD $6.1 billion in 2023. The company operates across 24 U.S. states and eight Canadian provinces, cementing its presence across North America.
FlatironDragados - Operation and Vision
According to its leadership, the streamlined structure of FlatironDragados will ensure a unified approach to operations, strategy, and risk management. This alignment delivers added value to ACS Group and HOCHTIEF shareholders, while positioning the company to anticipate industry demands with innovation and efficiency.
FlatironDragados aims to foster long-term relationships with employees, clients, and partners. The company’s mission is to shape the infrastructure landscape, enhance connectivity, and improve the economic and social well-being of communities throughout North America.
Leadership Statements
Juan Santamaría, Chief Executive Officer of ACS Group and HOCHTIEF, highlighted the significance of this merger:
“With the successful integration of FlatironDragados, we are set to redefine engineering and construction in North America, unifying the complementary strengths of two industry leaders to deliver outstanding outcomes for our clients, people, and communities. Through strengthened collaboration and an expanded geographic footprint, we are more equipped than ever to deliver complex, large-scale projects across the United States and Canada.”
Peter Davoren, Chairman of FlatironDragados, shared his enthusiasm:
“This integration marks an exciting new chapter for our employees and clients across North America. The combined expertise and resources of FlatironDragados creates opportunities for our people to grow and thrive and enhances our ability to deliver essential infrastructure projects. Together with our partners and clients, our work is vital to improving communities and driving economic growth.”
Santiago Garcia Salvador, CEO of DRAGADOS, S.A., emphasized the company’s commitment:
“With a robust foundation built on collaboration, innovation, and a shared vision for sustainable growth, FlatironDragados is committed to delivering transformative infrastructure projects. Together with our employees, clients, and partners, FlatironDragados will continue to lead the industry in building a brighter, more connected future for people across North America.”
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