Obayashi Corp. has agreed to acquire BCI UK Holdings Limited, the holding company that owns construction business operator Multiplex Global Ltd. The Japanese construction firm previously collaborated with Multiplex on the main stadium for the Sydney Olympic Games. Following the acquisition, Multiplex, BCI and select units will become Obayashi's specified subsidiaries. UK-based Multiplex employs around 2,500 people and operates building construction businesses in Australia, the United Kingdom and Canada, recording net sales of around $3.80 billion and EBITDA of around $62 million in fiscal 2025. Obayashi said the deal supports its plan to expand its overseas construction business, particularly in North America and Southeast Asia.
Obayashi CorporationObayashi acquires BCI UK Holdings to expand overseas construction business.
BCI UK Holdings is acquired by Obayashi, becoming a subsidiary.