Balfour sells telecoms division to Obelisk

Grant Prior 1 year ago
Share

Irish infrastructure business Obelisk has acquired the telecoms division of Balfour Beatty.

The move continues Obelisk’s expansion plans since it was acquired by European giant Constructel Visabeira in 2022.

The deal sees Obelisk acquire new UK offices in Southampton where it will retain Balfour Beatty’s existing team of employees and partners.

Obelisk Chief Executive Officer, Ronnie Delaney said: “We are very pleased to welcome the telecoms team from Balfour Beatty, who together have delivered consistently in this sector for clients such as EE, Cellnex, Cornerstone and Vodafone.

“The team, led by Philip Fensom, will bring knowledge, experience and like-minded values to further enhance Obelisk as a partner of choice in the provision of innovative and quality telecoms infrastructure solutions sustainably and safely.

“Obelisk will continue to accelerate new growth opportunities in these sectors, going beyond connection to invest in and expand our skilled workforce across the UK and Ireland, and offer more complete solutions for our clients in new and existing markets.”

Phil Fensom, Operations Manager, added: “I along with my fellow team members look forward to working with the Obelisk team, to continue to deliver successfully, and assume new challenges as the business goes from strength to strength”

Latest news

Wates rejigs businesses as veteran leader retires

Wates Construction Group MD Paul Chandler to retire at end of year
2 days ago

Scaffolder dies from chemical burns

Tata Chemicals Europe fined £1.125m after death of Altrad scaffolder
2 days ago

M&E firms warn of persistent skills shortages

Shortage of adequately skilled workers blamed for slow growth
2 days ago

Southern Water names consultants for AMP8

Seven firms to share £240m in professional services spend
2 days ago

Construction buyers see momentum building

Contractors gearing-up for future growth as workloads and confidence rise
3 days ago

Bouygues bags £80m London NHS diagnostic centre job

New five-storey scanning facility to be built at West Middlesex University Hospital
3 days ago

London £3bn schools framework out to tender

SMEs allocated slots on London Construction Programme education framework refresh
3 days ago

Berkeley’s £270m Bath gas works scheme approved

House builder plans to build over 600 flats on banks of River Avon
3 days ago

Road sweeper firm Go Plant went down owing suppliers £4.3m

Former staff launch claim for compensation
3 days ago

Openreach fined £1.34m after engineer drowns in river

Court hears how engineer was swept away after falling into water while trying to repair a telephone line
3 days ago

Glencar bags £30m Cambridge lab and office job

Project will be built at Chesterford Research Park life sciences cluster
3 days ago

Bids due in to replace Luton Airport car park destroyed by fire

Big name firms set to battle for £37.5m contract
4 days ago

Plan in for £500m London beds and sheds docks scheme

Work to start in early 2025 on 200 flats, 1,400 student bed and logistic scheme
4 days ago

Operator trapped on crane boom in London site fire

Seven hospitalised after blaze at Bouygues East London building site
5 days ago

Kier FM arm splits into three business streams

Kier Places to extend reach to south coast with reorganisation
4 days ago

Seven secure £3bn United Utilities sewage works deal

Costain, Kier, Murphy and VolkerStevin among winners
4 days ago

Boot gets nod for £110m Walsall warehouse scheme

Work to start on former copper works site in the late Autumn
4 days ago

Surface repair rivals offer lifeline to ex-Merlin staff

Fellow specialists Prymo and LS Surface Repairs to help stricken staff and contractors
4 days ago

Statom Group wins civils package to transform port site

Specialist wins major deal to start transformation of Ardersier Port
5 days ago

Seddon Construction returns to profit

Focus on shorter term specialist work pays offs
5 days ago

Third contractor to finally finish £135m Swansea job

Andrew Scott to finish Copr Bay after Buckingham went bust and WIllmott Dixon scaled back involvement
6 days ago

Vistry strikes deal to build 1,750 private rental homes

Homes worth £580m will be pre-sold across 36 Vistry developments
5 days ago

Wrekin joins civil engineering products “supergroup”

Road ironworks specialist joins forces with European firms to form Civitec
5 days ago

Top construction chiefs call for more foreign workers

Infrastructure leaders set out blueprint for growth for next Government
5 days ago

Swedish giant officially launches UK operation

Sortera waste trucks now on site following acquisition of GBN Services and O’Donovan
5 days ago

Staff at surface repair specialist Merlin looking for new jobs

Workers let go as contractor "goes under without any notice"
6 days ago

JRL plans first Manchester 28 storey resi block

Contractor turns developer for £75m private flats project
6 days ago

Barratt and Springfield deal to deliver new Scottish village

Infrastructure work to start this year on £776m Durieshill site
6 days ago

Vigil for worker killed at Berkeley site

Worker hit by asphalt paver at Camden Goods Yard site
6 days ago

Weston Homes names next CEO

Housing expert Peter Gore takes over as group chief executive
6 days ago

Contractor services