Webuild to acquire Clough for €23m.

Webuild, an Italian industrial group specialised in the construction and civil engineering business, agreed to acquire Clough, an integrated engineering and construction company, for €23m. "Today's operation is a historic one for Webuild, which consolidates the growth strategy in low-risk markets, in line with the derisking policy adopted in recent years. With the integration of Clough, we become one of the major players in the sector, also in neighboring segments such as energy, defense plants and infrastructure, in a rapidly growing and continuously expanding market," Pietro Salini, Webuild CEO.