Keller wins £40m South African contract
FTSE 250 geotechnical contractor Keller has been awarded a ground improvement contract in Durban, South Africa, valued at more than £40m.
Construction & Materials
12,196.53
17:09 18/11/24
-1.18%
-145.68
FTSE 250
20,395.41
17:09 18/11/24
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FTSE 350
4,473.50
17:09 18/11/24
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FTSE All-Share
4,431.13
16:49 18/11/24
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Keller Group
1,490.00p
16:45 18/11/24
1.50%
22.00p
Keller will design and construct the complete ground improvement solution for over 350,000 square metres of warehouses and ancillary offices as part of the Clairwood Logistics Park Development, at the old Clairwood racecourse in Durban. The work will be carried out over the next three years.
Chief executive Alain Michaelis said: “I am delighted to announce Keller’s success in winning this important project. Our continued ability to transfer established technologies to new geographies demonstrates Keller’s collaborative strength and ability to deliver large and complex projects around the world.”