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Hampshire housebuilder Drew Smith acquired by national construction firm
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. The purchase comes after the recent...
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Sterling Construction completes acquisition of Tealstone Construction
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. The Company also announced that it has replaced its...
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Balfour Beatty reaches agreement to sell its Middle East Joint Ventures
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...
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Fayat agrees to buy Atlas Copco road division
France’s Fayat Group has agreed to buy the road construction equipment division of Atlas Copco as it looks to strengthen its position in the market. The division manufactures rollers for asphalt and soil applications, pavers...
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Atlas Copco to acquire Germany-based construction tools business
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. Erkat is based in Hämbach, Germany, and has sales...
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Kutana Construction to buy majority stake in Aveng Grinaker LTA unit
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. As the largest construction group in SA...
MARKET MOVES
VINCI Energies acquires Novabase IMS, the Portuguese leader in infrastructures and managed services
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. Novabase IMS, the Portuguese leader in infrastructures and managed services,...
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