John Holland Group

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

The John Holland Group is a construction, tunnelling, rail, building and services provider with operations in Australia, New Zealand, South East Asia and the Middle East. Headquartered in Melbourne, it is a 100% owned subsidiary of China Communications Construction Company.

History

The company was founded in 1949 by John Holland, later Sir John Holland.[1] 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.[2]

John Holland Group holds an investment in the Asia Pacific Transport Consortium and a 20% interest in Metro Trains Melbourne.[3]

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.[4]

In November 2012, John Holland Tunnelling was awarded the International Tunnelling Contractor of the Year, for the Northern Sewerage Project in Melbourne, Victoria.[5]

In March 2014, the business was put up for sale by Grupo ACS, as part of a business review by the Spanish owners of Leighton Holdings.[6] 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 concluded in 2015.[7][8][9] In April 2015, The Federal Government approved the sale.[10]

References

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  6. Leighton review could see Thiess and John Holland sold, merged Australian Mining 18 March 2014
  7. John Holland to be acquired by Chinese Communications Construction Company John Holland 12 September 2014
  8. John Holland Purchase Brings First Large Chinese Construction Company To Oz Business Review Australia
  9. Leighton to Sell John Holland Unit to Chinese Construction Company Wall Street Journal 11 December 2014
  10. Lua error in package.lua at line 80: module 'strict' not found.

External links