Balfour sells telecoms division to Obelisk

Grant Prior 12 months 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

Industry rebar supplies at risk from Chatham Docks scheme

ArcelorMittal warns it will be forced to shut Kent facility supplying 30% of UK rebar
2 days ago

Galliford Try wins £70m Oxford immigration centre

Contractor secures job to build 400-bedroom immigration removal centre at Campsfield
2 days ago

18 win £600m North Wales construction framework

Major project lot shared by Galliford Try, Kier and Morgan Sindall, Read and Wynn
2 days ago

Manchester 37-storey student tower approved

Construction to start in early 2025 at old Hotspur Press mill building
2 days ago

Kier chalks up £23m Bradford school job

New Trinity Academy in Bradford to be built in three phases
2 days ago

Subcontractors wanted across Glasgow

Register now to meet buyers at latest Constructionline event
2 days ago

M&E sector leads rise in subcontractor tender activity

Tender activity grows in first quarter but concern about project delays remain
3 days ago

Funding deal for Salford Michigan Tower job

Vermont Construction to build first 34-storey tower for developer X1
3 days ago

Court fight continues for specialist hit by CCJ blunder

Screeding contractor still fighting bureaucracy seven months after incorrect filing
3 days ago

Morgan Sindall bags £60m raft of NHS projects

Mid and South Essex NHS Trust plans six projects
4 days ago

Peri buys shoring and temporary bridge specialist Mabey Hire

Scaffolding and formwork specialist expands offer
4 days ago

Steel contractor Embrace targets £100m revenue

Growing structural steel specialist appoints COO
3 days ago

Vinci/McAlpine go-ahead for £312m Midlands hospitals revamp

Shrewsbury and Telford Hospital NHS Trust gets full business case approval
4 days ago

Lendlease puts construction arm up for sale

After two decades of global expansion Lendlease retreats to Australia
5 days ago

Mount Anvil seals Isle of Dogs estate rebuild

Firm will build 300 new homes at East London's Tiller Road Estate
4 days ago

Northumbria Uni invites bids for £75m CHASE project

12-storey student block to be demolished for new Centre for Health and Social Equity
4 days ago

Civils firm Akela appoints former Robertson director as MD

Framework expert Robert Ogg to lead growth at Scottish contractor
4 days ago

McLaren to build new Hertfordshire primary school

Contractor to prioritise local suppliers on High Leigh Garden Village site
4 days ago

Developer picked for Stafford town centre regeneration

ION Developments will draw up detailed plans for mixed-use Eastgate scheme
4 days ago

Former Crossrail boss Mark Wild to lead HS2

Wild to bear down on spiralling costs and bring rejigged scheme in on time
6 days ago

Receivers in at £125m Manchester tower developer

Domis Construction walked away from scheme following doubts over funding
7 days ago

Costain A1 £260m dualling job finally gets go-ahead

Ministers sat on planning inspectors report for nearly three years
5 days ago

Election delays decision on Lower Thames Crossing

Planning decision on £1.2bn Luton airport expansion also pushed back six months
5 days ago

Caddick steps-in at former Lane End housing job

Contractor to restart phase of £262m scheme hit by administration
5 days ago

Plans in for Leeds iconic Tetley building revamp

Former brewing giant's HQ to become indoor market and offices
5 days ago

BAM wins first phase of North Devon hospital revamp

New staff accommodation to kick-off hospital redevelopment
5 days ago

McAlpine pulls out of £55m Carlisle Citadels project

University of Cumbria starts hunt for replacement contractor
1 week ago

Strabag UK suffers further big trading loss

Austrian contractor is gearing up for major presence in the UK market
1 week ago

Durham Uni picks UPP for £130m student scheme

Firm will deliver 1,000 self-catered bed spaces
1 week ago

Architects now upbeat after 10-months of work gloom

Larger practices see rising workloads in next three months
1 week ago

Contractor services