Out of 60 sectors in the Mergr database, construction ranked 39 in number of deals in 2004. The largest construction acquisition in 2004 was Ready Mixed Concrete - which was acquired by Audax Private Equity for $210M.
Join Mergr to view all 21 acquisitions of construction companies in 2004, including 8 acquisitions by private equity firms, and 13 by strategics.
Regimanuel Gray (RGL) was formed in 1991 in Ghana as an international joint venture between two construction firms: Ghana-based Regimanuel and US-based Gray Partners. Since then RGL has grown to become the largest home-builder in Ghana, both in terms of volume and value. It has also developed into a regional player in the housing market, with more than 2,000 units delivered in the form of cluster and gated community developments. RGL projects are known for their quality, prime location, social amenities and well-maintained infrastructure, and the company has won several local and international awards.
Regimanuel Gray was acquired by The Abraaj Group on December 1, 2004.
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