Southey Holdings was acquired by The Abraaj Group on July 1, 2009
construction Company

Out of 60 sectors in the Mergr database, construction ranked 34 in number of deals in 2009. The largest construction acquisition in 2009 was Centex - which was acquired by PulteGroup for $3.1B.

Join Mergr to view all 33 acquisitions of construction companies in 2009, including 8 acquisitions by private equity firms, and 25 by strategics.

Southey Holdings (Pty) Ltd.

24A Island Circle RiverHorse Valley Business Estate,
Durban, 4018
South Africa,
27 31 533 0700
www.southey.co.za

The group has grown into South Africa’s largest industrial painting, blast cleaning and contracting provider. It services major industrial, infrastructural installations and mining operations, as well as South Africa’s leading ship and oil rig repair company. At the heart of the group are four companies: Southey Contracting, which offers industrial painting, insulation, and repair and maintenance contracting services; Dormac, which undertakes shipbuilding and repairs, including oil and gas platforms; Concord, which specializes in industrial and retail refrigeration; and Gascon, which focuses on the manufacture of oil and gas tankers and mobile bulk liquid tanks.

Construction M&A - Last 3 Years

Southey Holdings was acquired by The Abraaj Group on July 1, 2009.

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