SNC-Lavalin South Africa bought out by local management team, renamed Aurex Constructors
The South African management team of SNC-Lavalin South Africa, led by VP Stuart Kent, has completed the buyout of the local entity and renamed it Aurex Constructors.
The management team of the South African entity recognised the advantages of becoming a wholly owned South African company.
In addition to the agility and faster response and turnaround times offered by local management, the buy-out serves the country’s strategy to transform South Africa’s economy through increased ownership and management opportunities for previously disadvantaged South Africans, the team states.
As Aurex Constructors transforms into a South African owned and managed business, its strategy is to focus on its core competencies and continue to deliver gold standard construction and turnaround and maintenance projects across all energy sectors.
“This is a very exciting time for the business as we navigate the Covid-19 pandemic, recalibrate our strategy, our processes and procedures to align with the local landscape and move forward as Aurex Constructors, while leveraging our legacy and expertise to best serve our customers,” Kent comments.
The company believes it is poised for continuous growth. It will aim to continue to deliver projects successfully to its existing customer base, while also looking at opportuniteis to extend its service offering into new markets targeting new customers.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation