South Australian-based building and engineering company Built Environs has today announced acquisition of a 100% interest in the Western Australian-based Perth Building Company (PBC).
This acquisition builds on the success of the very close relationship that’s developed between the two companies while working together in the Built Environs Perth Building Company joint venture (BEPBC JV).
BEPBC JV projects in WA include the award-winning Burswood Office redevelopment and the Ellenbrook Shopping Centre redevelopment, currently under construction.
Under the terms of the deal, all of the current PBC Directors and staff are remaining with the company, with PBC Director Adrian Ridderhof joining the Built Environs Senior Management Group as Building Manager for PBC, reporting to Built Environs Managing Director, Jim Frith.
“We’ve been working in the WA market for some time now, in conjunction with PBC, so we see this as a great opportunity to strengthen our presence.” says Built Environs Managing Director Jim Frith. “From Built Environs’s perspective, this goes a long way towards delivering on one of our key strategic objectives: geographical expansion”.
“PBC’s reputation for excellence is now fully-backed by our financial strength, comprehensive project
management systems and our engineering construction capability – we’re very positive about our future in WA,” says Frith.
The acquisition of PBC also creates significant career, development and learning opportunities for staff from both Built Environs and PBC.
About McConnell Dowell Corporation Limited:
Formed in 1960, McConnell Dowell is a world-class engineering, construction, building and maintenance group with projects throughout Australia, Asia, New Zealand, the Pacific and the Middle East. For almost 50 years we have continually delivered the right engineering solutions for our public and private sector clients throughout our operating geographies.
McConnell Dowell’s diverse service offering includes building, civil, electrical, fabrication, marine, maintenance, mechanical, pipeline, rail and tunnelling infrastructure capabilities in the key market sectors of building, mining, oil and gas, petrochemical, power, public infrastructure, transport and water.
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