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…

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…

Financial giant Goldman Sachs has acquired a controlling stake in Mace Consult, the consultancy arm of UK-headquartered company Mace. The deal is described as a “carve-out” from Mace Group, with…

French engineering consultancy Egis Group has appointed Charlie Hodgson to be its chief executive for Europe and Africa. He was previously managing director of transport and infrastructure for WSP in…

UK-headquartered engineering consultancy Mott MacDonald has appointed Paul Hilton as managing director for its Middle East, South Asia and international development business. He takes on the role after three years…

Three subsidiaries of contractor FlatironDragados have been spun off to form a civil construction business in New York and New Jersey. The three units concerned – Schiavone Construction, John P…

Construction management tech platform Buildots has secured another $45m in series D funding from investors in a round led by Qumra Capital along with OG Venture Partners, TLV Partners, Poalim…

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…

UK-headquartered Mace has appointed industry heavyweight, Gary Sweeney, to lead its European team working in the healthcare, life sciences and technology sectors. He joins Mace after a spell as interim…

Caterpillar, the world’s biggest construction equipment maker, has announced that from May 1st, current chairman and chief operating officer Joseph E. Creed will take the company’s helm as chief executive.…

Hong Kong’s High Court has liquidated Paul Y. Engineering, a construction and civil engineering company founded in 1946, after it defaulted on debt repayments. Paul Y. is currently involved with…

Swiss cement-maker Holcim will name its new North American spin-off “Amrize”. It will be listed on the New York stock exchange under the ‘‘AMRZ’’ symbol, classed as a domestic issuer…

Ferrovial on Friday reported an adjusted EBITDA of €1.3bn in 2024, a 38.9% increase year over year in like-for-like terms. Revenue grew 6.7% to €9.1bn, and net profit amounted to…

Fluor has appointed chief operating officer Jim Breuer as chief executive effective 1 May, while current chair and CEO David E. Constable will take up the role of executive chairman…

International design and engineering consultant Aurecon has promoted its chief operating officer Louise Adams to be its new group chief executive as of 1 July. She will succeed Group CEO…

The chief executive of Neom, Saudi Arabia’s $1.5trn bid to diversify its economy with tourism, city, and business “giga projects”, has left the role. Neom’s board of directors announced Nadhmi…

Swedish battery-maker Northvolt has announced the results of a strategic review into its business. The initial outcome is a decision to “streamline” its operations by resolving production problems at its…