Friday September 18, 2020

Management buys out Walls Construction

9th May, 2015

Walls Construction, one of the country’s largest contractors, has been bought out by its management team, The Sunday Business Post has learned.

The deal was finalised last week and a formal announcement will be made in the coming days. The MBO (management buyout) is backed by a small number of private investors, while members of the Walls family will retain a small minority stake in the business.

The move is further evidence of...

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