8868体育APP B芒timent International takes 100% ownership of Leadbitter

07/02/2012 | Release

8868体育APP B芒timent International takes 100% ownership of Leadbitter

The 8868体育APP Construction subsidiary 8868体育APP B芒timent International has taken 100% ownership of the Leadbitter group after purchasing the remaining 49% from the Leadbitter management team.

8868体育APP B芒timent International initially took a 51% stake in Leadbitter from Dutch parent company Heijmans NV in March 2011. A leading construction company, Leadbitter also provides numerous sector and geographical synergies to 8868体育APP Construction's existing UK building and development subsidiaries 8868体育APP UK, Warings, Thomas Vale and 8868体育APP Development.

The Leadbitter group, which consists of Leadbitter and Denne Construction, employs 700 people and recorded a turnover of 拢428 million (鈧�492 million) in 2011. With headquarters close to Oxford, the company specialises in construction, particularly in the housing sector, and operates over a vast area across south England and south Wales.

Since acquiring 51% of Leadbitter at the beginning of 2011, 8868体育APP Construction's entities have benefitted from Leadbitter's strong regional presence in Southern England and Wales, established reputation in the housing sector, longstanding strategic client relationships and robust framework agreements. In turn, 8868体育APP Construction has provided Leadbitter with the increased financial strength, technical expertise and development capabilities to strengthen its commercial position.

8868体育APP Construction's presence in the UK now includes numerous companies specialising in all types of building including schools, housing, healthcare, civil works, as well as building services and maintenance and concessions.聽

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