12 °c
London
Tuesday, February 7, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

South African construction giant WBHO buys into Byrne Group

FurtherAfrica by FurtherAfrica
June 26, 2017
in Africa, Construction, Economy, FDI, Industry and Commerce, M&A, South Africa
Reading Time: 1 min read
1k 10
0
South African construction giant WBHO buys into Byrne Group
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

One of the biggest construction group’s operating in Southern Africa has taken a stake in specialist concrete frame and building contractor Byrne Group.

£2bn turnover Wilson Bayly Holmes-Ovcon is understood to have taken a significant minority stake of more than 20% in Byrne Group, which in 2015 and 2016 was weighed down by losses at its Chorus fit-out business.

WBHO is listed on the Johannesburg Securities Exchange and operates as a construction and engineering contractor with leading market positions in Africa and Australia.

Paul Foley, WBHO’s Group Building Managing Director, will join the Byrne Group board.

Foley said: “WBHO and Byrne Group share a common culture and commitment to delivering safe, high-quality and efficient projects. We see real synergistic benefits of working together, especially at a time when the UK construction market is strong and there is growing demand for our unique blend of construction skills.”

Michael Byrne, group chief executive at Byrne Group, said: “This strategic investment with WBHO is a very exciting strategic move which will broaden and strengthen our capacity to target opportunities that are evolving in the post-Brexit world of construction.”

Byrne Group, which was established in 1969 by Patsy and Johnny Byrne, has been involved in many of London’s iconic landmarks including The Savoy, The Shard, Tate Modern, the London 2012 Olympic Stadium and Wimbledon Centre Court.

Source: Construction Enquirer

Related

Tags: Byrne GroupconstructionPaul FoleySouth AfricaWBHOWilson Bayly Holmes-Ovco南アフリカ南非
ScanSendShare415Tweet260Share73Pin93Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Tech

Metaverse in Healthcare: Redefining Africa’s medical sector

by Web3Africa
February 7, 2023
Energy

Towards Africa’s US$1.5 Trillion green hydrogen economy

by Energy Capital & Power
February 6, 2023
Fintech

Morocco’s rocky crypto journey

by Web3Africa
February 6, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022
Private Equity

Adenia Capital (V) gets 75% of its target size at first close

by Africa Global Funds
February 6, 2023
Energy

Angola and Belgium talk renewable energy cooperation

by FurtherAfrica
February 6, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Tech

Metaverse in Healthcare: Redefining Africa’s medical sector

by Web3Africa
February 7, 2023
0

The applications of the Metaverse have now shifted towards the medical industry to improve its functionalities. According to Accenture’s digital...

Read more

Towards Africa’s US$1.5 Trillion green hydrogen economy

February 6, 2023

Morocco’s rocky crypto journey

February 6, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022

Adenia Capital (V) gets 75% of its target size at first close

February 6, 2023

Angola and Belgium talk renewable energy cooperation

February 6, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,773 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?