Canadian engineer WSP plans to acquire British environmental and consulting engineer Ricardo for around US$489m. The 430-pence-per-share price is equivalent to 10.4 times Ricardo’s 2024 pre-IFRS 16 underlying EBITDA (earnings…

Strabag subsidiary Züblin has acquired the Austrian special civil engineering arm of Germany’s Bauer for an undisclosed price. Züblin said the deal adds Bauer Spezialtiefbau’s piling expertise to its own…

Belgian marine contractor Deme says it has purchased a 50% stake in Germany’s Bauer Offshore Technologies for an undisclosed amount, with the option for a full acquisition within the next…

French construction machinery maker Manitou Group has acquired the entire robotics division of French specialist engineering company Sitia, saying it wants to establish robotics as “a salient pillar of innovation”.…

Canadian designer and engineer Stantec has announced its acquisition of Irish engineering and environmental consultancy Ryan Hanley, hoping to boost its presence in the Irish water sector. Stantec and Ryan…

German construction consultant Drees & Sommer has acquired US project and cost consultant VVA in a bid to expand in North America. Stuttgart-registered Drees & Sommer employs some 6,500 people…

French materials company Saint-Gobain has completed the acquisition of construction chemicals manufacturer Fosroc for an undisclosed amount. Through the purchase, Saint-Gobain hopes to move into high-growth markets in light and…

Austrian contractor Strabag has agreed a €140m deal to buy all the shares in Australian civil engineer Georgiou Group. The takeover approved by Strabag’s supervisory board on 17 December will…

Swiss cement-maker Holcim has sold its 84% stake in Lafarge Africa to Huaxin Cement of China. The $1bn deal is subject to approvals, but is expected to be confirmed in…

Cimic Group company Leighton Asia has acquired Malaysia-headquartered Maverick United Consulting Engineers for an undisclosed sum. Maverick specialises in designing data centres, an expanding sector Leighton Asia is targeting. “The…

Two French investment companies, Fimalac and Latour Capital, have acquired a 58% stake in Systra, a Paris-based engineer that specialises in the transport sector. Systra commented that the deal would…

Vinci Construction has announced an agreement to acquire the long-established UK public works contractor, FM Conway, through a share purchase. Founded in 1961 by Francis Michael Conway, and still owned…

Japanese contractor and materials company Sumitomo Forestry is to purchase a controlling stake in Metricon, Australia’s largest housebuilder, for US$79m. The acquisition will give Sumitomo a 51% share in the…

German construction equipment company Bomag has created a Spanish subsidiary called Bomag Ibérica de Maquinaria. The move follows its acquisition of Spanish and Portuguese equipment seller Maquinter, which had distributed…

Turkish building material company Çimsa has announced it will spend €330m on acquiring 94.7% of shares in Northern Ireland’s Mannok. Mannok’s leadership team will retain 5.3% of interest in the…

French materials company Saint-Gobain has signed a definitive agreement to acquire Ovniver Group, a privately-owned chemical company in Mexico, for $815m. The group has lines in façade coatings, tile adhesives,…

Turner Construction has announced that it will acquire the shares of Ireland’s Dornan Engineering for an unspecified amount. Turner hopes the deal will allow ity to attract blue-chip clients in…

Australian construction group Lendlease has announced plans to exit international markets in the next 18 months. The move will allow the company to “recycle” US$3bn in capital by completing projects,…