Volvo’s Construction Equipment arm Volvo CE has completed the acquisition of Swedish equipment dealer Swecon for US$780m (SEK7bn) following the approval of the European Commission. Swecon operates in Sweden, Germany,…

France’s Vinci Construction has announced the acquisition of Fletcher Construction, subsidiary of the New Zealand-based Fletcher Building Group, for an undisclosed sum. Fletcher Construction was founded in 1909 and employs…

Switzerland’s Holcim has completed its acquisition of French precast concrete company Alkern for an unspecified amount, growing Holcim’s share of the walling, flooring and water management systems market. Founded in…

Switzerland’s Holcim will take a 50.01% stake in Peruvian materials manufacturer Cementos Pacasmayo, in a deal worth approximately $1.5bn. Cementos Pacasmayo has a $630m net sales estimate for 2025 and…

Canada’s WSP plans to become the biggest engineering and design consultant in the US by acquiring engineering firm TRC Companies for a total cash purchase price of US$3.3bn. Founded some…

UK-headquartered consultant Turner & Townsend says it will buy Johannesburg’s Profica, an 80-person consultancy specialising in construction and real estate project management. Profica operates across north, west, east and southern…

Spain’s Ferrovial has acquired fellow Spanish company Powernet, a telecommunications and systems engineer for an unspecified sum, in order to boost its profile in the data centre construction market. Powernet…

Swiss cement-maker Holcim has agreed to acquire German building materials, walling, and insulation specialist Xella in a deal valued at €1.85bn. Xella employs around 4,000 people, including 200 sales staff,…

Spain’s FCC Construcción has announced it will sell a further 25% of its environmental arm to Canadian state private-equity company CPP Investments for €1bn. FCC will continue to hold a…

French engineer Systra has acquired Spanish transport company Ardanuy Ingeniería for an undisclosed sum. The deal could help Systra move into Spanish, Portuguese and Hispanic American rail infrastructure markets. Ardanuy…

American software company Cadence has announced the €2.7bn acquisition of the design and engineering branch of Sweden’s Hexagon. The acquisition includes Hexagon’s MSC software business, which offers engineering simulation and…

Eiffage Énergie Systèmes, a subsidiary of France’s Eiffage, has had a busy summer in Spain. It already has 5,000 staff there, and annual revenues topping €1bn, but it wants to…

Japanese construction giant Taisei Corporation has announced a US$878m (¥130bn) acquisition of Toyo Construction for the equivalent of ¥1,750 per share. If accepted, Toyo Construction will become a fully owned…

Mace Consult will acquire the US cost consultant and project management company Turton Bond for an undisclosed sum. The deal aims to boost Mace Consult’s presence in the Americas, where…

UK consultant Turner & Townsend has acquired Egypt-based cost management and quantity surveying firm, ValueMetric Consultants (VMC), for an undisclosed sum. It lets Turner & Townsend move into Egypt’s growing…

OCU Group, a contractor based in Stockport, UK has announced its entry into the Australian market through the acquisition of multidisciplinary All Energy Contracting (AEC) for an undisclosed sum. AEC…

India’s Tata Motors has announced a €3.6bn acquisition of the vehicles arm of Italian car and equipment manufacturer Iveco. The cash deal is equivalent to €14.1 per share and is…

Vinci Energies has signed an agreement to acquire German HVAC specialist Zimmer & Hälbig for an undisclosed sum. Founded in 1974, Zimmer & Hälbig generated revenue of €96m last year.…