Connecting Industries Worldwide

Construction

Construction giant Skanska is to invest EUR 27m in the new office project, Praga Studios, in Prague. The seven-floor building will offer a total leasable area of about 12,000 square meters.

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Toromont Industries Ltd, a diversified industrials company providing specialized capital equipment and ongoing support to customers in various sectors, today announced that it has entered into a definitive agreement to acquire the businesses and net operating assets of the Hewitt Group of companies in exchange for consideration of $917.7 million cash plus the issuance of 2.25 million Toromont shares (nominally $100 million based on 10 day average share price as at signing) for a total consideration of $1.0177 billion.

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VINCI Construction finalised the acquisition of the Seymour Whyte company based in Queensland.

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Wates Construction has signed a £31.6 million deal to build Regal (West Point) Ltd’s second residential building at The Bank development in Birmingham city centre.

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Wood Group is providing GSK Vaccines GmbH, part of GlaxoSmithKline Group, with engineering, procurement and construction management services for a new biotech facility to be built in Marburg, Germany.

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