MARKET MOVES
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...
MARKET MOVES
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...
MARKET MOVES
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...
MARKET MOVES
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,...
MARKET MOVES
HeidelbergCement publishes Group Sustainability Report 2016
HeidelbergCement has published its eighth Sustainability Report so far. The Sustainability Report 2016 was prepared in accordance with the guidelines of the Global Reporting Initiative (GRI G4) and summarises important topics and challenges for HeidelbergCement in its drive for...
MARKET MOVES
Balfour Beatty Reaches Financial Close for C$322M Borden Data Centre in Ontario, Canada
Balfour Beatty Investments, a leading investor, developer and operator of Public-Private Partnership projects, announces today that it has reached financial close for the Enterprise Data Centre (EDC) Borden Expansion Project with Defence Construction Canada, a Crown corporation, in Ontario,...
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