Balfour Beatty to acquire Strata Construction for £10.3 million

24th Dec 2009
Balfour Beatty to acquire Strata Construction for £10.3 million

Balfour Beatty, the international infrastructure group operating in construction services, professional services, support services and infrastructure investments, announces today that it has acquired Strata Construction, a Doncaster-based company specialising in the construction of affordable housing.

The company is being acquired for a total cash consideration of £10.3 million. Strata Construction is primarily a family-owned business and was founded 90 years ago.
The company will add to Mansell’s existing portfolio of affordable housing business and will form part of Mansell’s Midlands & North Division, which currently has little exposure to the affordable housing market in the Yorkshire region.
Strata has a network of framework contracts with resident social landlords and also has experience in the education and healthcare sectors.


Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation