Murray & Roberts acquires JJ White to further its North America expansion

SOUTH AFRICA – Engineering and mining contractor Murray & Roberts Holdings (M&R) is acquiring US multi-trade contractor and engineering firm JJ White Incorporated for US$28.25 million as part of its strategy to diversify and expand the services of its energy, resources, and infrastructure business platform in North America. M&R subsidiary, Clough North America Holding, is acquiring all the shares in JJ White from James White IV and Trusts. “The acquisition builds an immediate robust entry into new territories and new markets and will leverage JJ White’s existing customer base to…

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French Ginger Group acquires 30% stake in engineering company Hydrosol Fondations

TUNISIA – Tuninvest Sicar, a multi-sector fund managed by Africinvest Group, has sold its 30% stake in Hydrosol Fondations, a Tunisian geotechnical and foundation engineering company, to Ginger Group, a French prescription engineering company. Established 30 years ago, the company based in Tunis with 180 employees, is specialized in the survey and identification of the mechanical qualities of soils, foundation works, special reinforcement works, execution of improvement projects and soil treatment. Beyond the field of building construction, its teams are involved in most large-scale projects in Tunisia such as port…

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