Sale of Infrastructure & Building businesses
On the 1st of November 2016, the Murray & Roberts Group announced the sale of the Murray & Roberts Southern African Infrastructure & Building (“I&B”) businesses, to a consortium led by the Southern Palace Group of Companies (“Southern Palace”). The transaction has created a world-class black-owned construction business of scale.
Southern Palace is a wholly black-owned and managed South African, diversified industrial holding company with interests in numerous well-established businesses.
The transaction came into effect on 5 May 2017 and allows the Murray & Roberts Group to focus its business on the oil & gas, metals & minerals, and power & water market sectors.
I&B is a leading infrastructure and building business, comprising nine divisions:
- Murray & Roberts Buildings (Gauteng)
- Murray & Roberts Western Cape
- Murray & Roberts Infrastructure
- Murray & Roberts Botswana
- Murray & Roberts Plant
- Murray & Roberts Developments
- Concor Opencast Mining
- Dynamic Concrete Solutions (Namibia)
- Murray & Roberts share in the Medupi Civils Joint Venture
The I&B businesses will retain the use of the Murray & Roberts’ brand until a rebranding exercise is undertaken, which is expected in the near term.
General Queries - Switchboard
+27 456 1000
Project Development Director
+27 11 590 5604
Donique de Figueiredo
+27 11 456 1587
Alternatively visit the website www.construction.murrob.com for further information and contact details.