John Holland Group

John Holland Group
Private
Industry Construction
Founded 1949
Headquarters Melbourne, Australia
Key people
 Glenn Palin CEO
Parent Leighton Holdings
Website www.johnholland.com.au

The John Holland Group is a contracting and services provider with operations in Australia, New Zealand, South East Asia and the Middle East. Headquartered in Melbourne, it is a subsidiary of Leighton Holdings. A sale agreement has been reached with China Communications Construction, with the deal expected to be concluded in the first quarter of 2015.

History

The company was founded in 1949 by John Holland. In 1991 the business was purchased by Janet Holmes à Court's Heytesbury Pty Ltd. In 2000, Leighton Holdings bought a 70% stake in the company, this was increased to 99% in 2004 and 100% in December 2007.[1]

John Holland Group holds an investment in the Asia Pacific Transport Consortium and a 20% interest in Metro Trains Melbourne.[2]

On 1 January 2012, John Holland commenced the operation and maintenance of the New South Wales Regional Network under contract to Transport for New South Wales, comprising 2,700 kilometres of operational freight and passenger rail lines.[3]

In March 2014, the business was put up for sale.[4] In December 2014, Leighton Holdings entered a binding agreement for the sale of John Holland to China Communications Construction for $1.15 billion. The sale is expected to be concluded in 2015.[5][6][7] In April 2015, The Federal Government approved the sale.[8]

References

  1. ↑ "Australia's Leighton acquires 70% in John Holland". Asia Times. 25 January 2000. Retrieved 2 April 2015.
  2. ↑ "Who we are". Metro Trains. Retrieved 2 April 2015.
  3. ↑ "Country Rail Contracts". NSW Government. Retrieved 2 April 2015.
  4. ↑ Leighton review could see Thiess and John Holland sold, merged Australian Mining 18 March 2014
  5. ↑ John Holland to be acquired by Chinese Communications Construction Company John Holland 12 September 2014
  6. ↑ John Holland Purchase Brings First Large Chinese Construction Company To Oz Business Review Australia
  7. ↑ Leighton to Sell John Holland Unit to Chinese Construction Company Wall Street Journal 11 December 2014
  8. ↑ "Australia approves sale of construction firm John Holland to China". BBC News. 8 April 2015.

External links