In The Spotlight
Aberdeen Asset Management and regeneration specialist U+I have completed the leasing of 43,664 sq. ft. of offices at their iconic office development, 12 Hammersmith Grove, taking the building to 45% let.
Trading in the first half has been strong, driven primarily by margin and profit growth in Fit Out and by margin improvement in Construction & Infrastructure.
Deere & Company has signed a definitive agreement to acquire the Wirtgen Group, a privately-held international company that is the leading manufacturer worldwide of road construction equipment.
Galliford Try plc confirms that its Galliford Try Partnerships business has completed the acquisition of the Drew Smith group, a leading contracting and mixed-tenure developer in the south of England.
Sterling Construction Company announced that it has completed the previously announced acquisition of Tealstone Construction (“Tealstone”), a leading Texas-based concrete construction company, for approximately $85 million.
Balfour Beatty, the international infrastructure group, today announces that it has reached an agreement with its joint venture partner to sell the Group’s entire share in Dutco Balfour Beatty and BK Gulf, subject to regulatory approval, for a total cash consideration of £11 million.
Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Erkat Spezialmaschinen und Service GmbH, a manufacturer of drum cutter attachments for excavators.
Kutana Construction, a black women-owned and led company, will buy a majority 51% stake in Aveng subsidiary Aveng Grinaker-LTA, which services infrastructure, energy, rail and mining markets in Africa.
VINCI Energies, the VINCI subsidiary specialising in energy services and information and communication technologies, has reached an agreement with Novabase to acquire its subsidiary Novabase IMS.