Mabey Holdings Ltd announces (18/10/19) it has concluded the sale of the Mabey ANZ business through a Management Buyout. The structure of the sale includes all employees of the Australian and New Zealand Mabey operations.
Mabey ANZ will continue to operate under the Mabey brand. Financial terms will not be disclosed.
Backed by a solid financial partner, the Australian and New Zealand businesses are now locally owned delivering ongoing security for their employees.
Mabey ANZ’s commitment to customer service and supply of innovative products will continue under the new ownership structure, with the goal of further strengthening the Mabey brand in their chosen markets.
The well-forged relationships between Mabey ANZ and its former sister companies in the UK and US will ensure a continuation of the strong collaborative approach that enables them to supply their customers with the best products and engineering expertise developed under Mabey Group ownership.
Mabey ANZ helps civil construction and infrastructure customers deliver projects more quickly, safely and efficiently. Our expert engineers digitally design and deliver modular bridging and temporary works solutions in Australia and New Zealand. The broad Mabey ANZ range includes temporary and permanent bridge construction, propping and jacking, groundworks equipment, and formwork and falsework systems.