Lend Lease Infrastructure

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Lend Lease Infrastructure
(trading as Lend Lease)
Strategic Business Unit
Traded asASX:VLM Now ASX:LLC
IndustryConstruction, Civil engineering
Founded2004
HeadquartersSydney, Australia
Key people
Nick Greiner, Chairman Peter Brecht CEO
Revenuesee Lend Lease Group
Number of employees
20,000 (2011) [1]
ParentLend Lease Group
Websitewww.lendlease.com

Lend Lease Infrastructure (formerly Valemus and Bilfinger Berger Australia, trading as Lend Lease) is the second largest construction and engineering specialist business in Australia and a division of Lend Lease Group.[2]

It is active in the civil engineering, building and property, mining and resources, telecommunications, electrical, infrastructure services, engineering services and environmental services industries.[3]

History[edit]

Lend Lease Infrastructure was originally established as Bilfinger Berger Australia (BBA) in 2004 as the holding company of Bilfinger Berger AG (BBAG)’s investments in Australia. BBAG had acquired Baulderstone Hornibrook in 1993 and Abigroup in 2004. Bilfinger Berger Services was created in November 2005 by transferring the services businesses owned by Abigroup and Baulderstone to a new services focused company. In November 2009 it was announced that consideration was being given to floating BBA on the Australian Securities Exchange via an initial public offering (IPO)[4] and in June 2010 BBA changed its name to Valemus[2] but the listing was abandoned in July 2010.[5] In March 2011 the company was acquired by Lend Lease Group.[6]

Operations[edit]

Lend Lease Infrastructure consists of three operating companies which are autonomous entities:

  • Abigroup
  • Baulderstone
  • Lend Lease Infrastructure Service, formerly Conneq, formerly Bilfinger Berger Services[2]

Major projects[edit]

Major projects undertaken by Lend Lease Infrastructure included:

References[edit]

  1. ^ Annual Report 2008
  2. ^ a b c "Valemus float slugged by market falls". The Sydney Morning Herald. 8 June 2010. Retrieved 9 June 2010.
  3. ^ "Company Overview of Lend Lease Infrastructure Pty Limited". Bloomberg. Bloomberg.
  4. ^ "Bilfinger Berger considers up to $1.5bn IPO of Australian assets". Michael Bennet. The Australian. 10 November 2009. Retrieved 15 February 2010.
  5. ^ Bearish markets maul initial public offerings Courier Mail, 9 July 2010
  6. ^ Lend Lease to Keep Valemus Separate in Short Term After Purchase, CEO Says Bloomberg, 17 February 2011
  7. ^ Anzac Bridge at Structurae
  8. ^ Graham Farmer Freeway - Perth Australian Tunnelling Society
  9. ^ Construction site
  10. ^ Albury Wodonga Hume Freeway project Archived 8 September 2009 at the Wayback Machine
  11. ^ Decision in Abigroup Port River Expressway litigation
  12. ^ Melbourne Health Media Release 11 April 2005. Accessed 9 June 2010
  13. ^ Jane Foss Russell Building | The University of Sydney
  14. ^ The finalists for the 2010 Australian Construction Achievement Award Archived 10 June 2010 at the Wayback Machine
  15. ^ Clem Jones Tunnel - an engineering feat Archived 6 July 2011 at the Wayback Machine
  16. ^ Brisbane's new Gateway Bridge progressing International Construction, 19 March 2010
  17. ^ "Southern Queensland Correctional Precinct". Queensland Government. Retrieved 18 June 2015.
  18. ^ "Abigroup appointed managing contractor of Queensland Children's Hospital". Construction Contractor. 1 February 2010. Retrieved 5 February 2010.

External links[edit]