UAE’s ASGC completes Costain Group stake sale
United Arab Emirates (UAE)-based construction group Al Shafar General Contracting Company (ASGC) has divested its entire 14.97% holding in UK…
09 Sep 2024
Infrastructure software company Bentley Systems acquires Cesium
Infrastructure engineering software solutions company Bentley Systems has announced the acquisition of Cesium, a 3D geospatial software company. The financial terms of the deal have not been disclosed. This move…
05 Sep 2024
Restoration Builders expands with Massey Construction Group acquisition
Restoration Builders (RB) Residential has closed an asset purchase agreement with Massey Construction Group, a roofing services provider in Southwest Florida, US. The latest move is part of the company's…
03 Sep 2024
Watling JCB expands into West Midlands with new acquisition
Watling J C Bamford (JCB), a dealer of JCB construction equipment and generators, has broadened its operational reach into the West Midlands of England through the acquisition of Midlands JCB. …
03 Sep 2024
Abu Soma and REDCON sign MoU for construction projects in Red Sea
Abu Soma Development Company has entered a memorandum of understanding (MoU) with REDCON Construction, initiating a series of construction projects in the Red Sea region. This entails an investment of E£1.7bn…
03 Sep 2024
Asahi Kasei Homes acquires US-based ODC Construction
Asahi Kasei Homes has finalised an agreement to acquire 100% ownership of ODC Construction, a Florida-based subcontractor specialising in residential construction. The acquisition, completed on 29 August 2024 through a…
29 Aug 2024
Cimsa to acquire major stake in Mannok for $334m
Turkish building materials company Cimsa has agreed to acquire a 94.7% stake in Mannok, an Ireland-based construction products manufacturer, for an enterprise value of €330m ($334.06m). The transaction will see…