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STRABAG further expands Water Supply Network in Ghana

  • Follow-up order ensures clean drinking water for another 89,000 people in the Volta region
  • Contract value of € 11.5 million

The European-based construction group STRABAG has begun work on the further expansion of the water supply network in the Volta region around 160 km northeast of Ghana’s capital of Accra. The project will provide another 89,000 people with access to clean drinking water. The contract is worth around € 11.5 million and is scheduled for completion by July 2022.

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GHH Mining Machines: A step up Down Under

The specialist for civil engineering and mining machinery GHH has set its sights on the Australian continent. An experienced partner is supporting the German manufacturer.

With its loaders, dump trucks and utility vehicles for rock logistics above and below ground, GHH has long been represented on many continents. Now the manufacturer, which is part of the Schmidt Kranz Group, is making the leap to the red continent. "We want to shorten the distance to our customers in Australia," says Global Sales Manager Ken Stapylton. "Contact before, during and after the purchase is important to us - after all, we are happy to supply tailor-made solutions".

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Datwyler sells Civil Engineering Business to Management Team

Datwyler sold its civil engineering business to representatives of the existing management on 28 April 2020. The management buy-out is supported by the Hamburg-based private equity firm BPE, which specializes in transactions in the German mid-sized sector since over 20 years. The closing of the agreement is scheduled for 4 May 2020.

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Bontexgeo – New Ownership and new Name

On 3 September 2019 Low & Bonar PLC has announced that it has completed the sale of their civil engineering business, which includes the production facilities in Belgium and Hungary, to Nimbus, a Netherlands based private equity fund. This sale is in line with the  strategy announced on July 11, 2018 to dispose of the civil engineering division in order to simplify their portfolio and improve their debt position.

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SIKA commissions new Mortar Factory in Cameroon

Sika is further expanding its presence in West Africa and starting operations in a new facility for mortars in Cameroon. Following the foundation of the national subsidiary in 2016 and the opening of a concrete admixture plant in 2017, the company is now investing in a new mortar manufacturing facility.

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Management Change at BAUER Maschinen GmbH: Rüdiger Kaub follows Dieter Stetter

After ten years at the top of BAUER Maschinen GmbH, Dieter Stetter will soon hand over the leadership in younger hands. The current Chairman of the Management Board, who has been working for Bauer since the early 1980s, has been instrumental in the sales of Bauer machinery in Asia. On December 1st, his successor will be Dr. Ruediger Kaub, who is to become a member of the board of directors of BAUER Maschinen GmbH as of October 1st. The 55-year-old mining engineer has many years of international experience in product management, sales and management.

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Peter McCourt neuer Vertriebsleiter bei Solmax-GSE

Peter McCourt ist neuer globaler Vertriebsleiter und Mitglied der Geschäftsleitung bei Solmax-GSE. McCourt ist seit 2010 für Solmax-GSE tätig, darunter in mehreren Führungspositionen. Vor der Übernahme von GSE durch Solmax war er als Präsident für die Region Asien-Pazifik (APAC) verantwortlich. Von Bangok aus übernahm er Profit- und Loss-Verantwortung für die Region.

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Teerag-Asdag is now called Porr

Teerag-Asdag AG, already a wholly owned Porr AG subsidiary since 2012, has merged with Porr Bau GmbH as of 3 September 2016 and will operate in future as Porr Bau GmbH with the sector supplement “Civil Engineering”. Nothing will change with the familiar services, performance, markets, client relations, contact partners and the company’s workforce.

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Dätwyler mit deutlicher Gewinnsteigerung

Die Dätwyler Gruppe vermochte den Nettoumsatz im ersten Halbjahr 2016 um 7.3% auf CHF 621.1 Mio. zu steigern, wobei beide Konzernbereiche zum Wachstum beigetragen haben. Die EBIT-Marge hat sich weiter erhöht und hat mit 13.2% erstmals den oberen Wert des selbstgesetzten Zielbands übertroffen. Das Nettoergebnis stieg deutlich um 34.4% auf CHF 56.6 Mio. Für das Gesamtjahr ist Dätwyler zuversichtlich, mit dem bisherigen Geschäft das Umsatzziel von gegen CHF 1‘250 Mio. zu erreichen und operativ eine EBIT-Marge deutlich in der oberen Hälfte des Zielbands von 10 bis 13% zu erwirtschaften. Bezüglich dem bestehenden Übernahmeangebot für Premier Farnell prüft Dätwyler angesichts des höheren Angebots von Avnet derzeit das weitere Vorgehen und wird zu gegebener Zeit wieder dazu kommunizieren.

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Civil Engineers recognised in Forbes 30 under 30 List for Industry

James Holloway and Louise Ellis have been named in Forbes’ inaugural 30 under 30 Europe list for Industry.

The first even “30 under 30 Europe” list features 300 innovators, entrepreneurs and leaders from across Europe whom are transforming business, technology, finance, media and culture. Each of those honoured were vetted and selected by a panel of experts in their respective fields. The list covers 10 categories – Media, Industry, Policy, Retail and E-Commerce, The Arts, Entertainment, Social Entrepreneurs, Science and Health Care, Technology and Finance.

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