Bouygues completes Leadbitter buyout

3 July 2012 Bouygues Construction subsidiary Bouygues Bâtiment International has acquired the remaining 49% stake in housing firm Leadbitter.
The French contractor has bought out Leadbitter’s management team for an undisclosed sum, giving it 100% ownership of the company.

“Leadbitter is an important addition to Bouygues in the UK, providing us with valuable access to sectors and geographies that complement our existing offering,” said Madani Sow, chairman of Bouygues UK, Warings and Bouygues Development.

The move follows Bouygues’ acquisition of a 51% share in Leadbitter in December 2010, buying out the stake owned by Heijmans.

At the time, Oxfordshire-based Leadbitter said it would use the agreement to bid for more public contracts, including PPP schemes.

This page was last updated on:
20 October 2014.

thumb

Lacking inspiration

Party conference season has yet to shine any light on what a new government might do in infrastructure come next May

thumb

The Credit Crunch Did Us a Favour

For some in the banking sector, the global financial crisis offered opportunities as well as challenges. Nord LB’s Sean Cook explains

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...