Bua Group Acquires Majority Interests In Construction & Mining Giants, P.w. Nigeria Ltd.

BUA Group, one of Africa’s largest infrastructure companies has announced its acquisition of majority shareholding in P.W. Nigeria Limited – one of Nigeria’s largest construction, mining engineering and mining companies. According to BUA, this was necessary to further deepen its investments in the infrastructure business in sub-saharan Africa.

Speaking on the acquisition, Abdul Samad Rabiu, Executive Chairman of BUA Group said, “This acquisition marks the beginning of the next phase of our medium term strategy for our infrastructure business following the completion of the consolidation of our cement arm, BUA Cement, in January 2020. BUA’s acquisition of majority holdings in PW Nigeria Limited provides a prime opportunity to increase our investments in the entire value chain of the Cement, Mining and Construction industry where we already have BUA Cement Plc, the second largest cement company in Nigeria, as well as investments in other areas including mining, quarrying, construction, power and logistics amongst others, click here to know more about heavy earch moving equipement. We believe P.W. Nigeria Ltd with its solid experience in building dams, roads, airports, water projects and other infrastructure projects in Nigeria provided a strong value proposition too difficult to ignore.”

Rabiu further added that, as Nigeria and most of West Africa looks to improve infrastructural development in coming years, it became imperative for BUA to position itself strategically to support critical investments and government effort and unlock latent opportunities in the infrastructure development space.

The acquisition of P.W. Nigeria extends BUA’s investments, leadership and capacity in the infrastructure space and projects are expected to benefit from a tight integration of BUA’s cement business and PW Nigeria’s construction business.

Originally founded in 1948 in Ireland, and later began operations in Nigeria in 1974, P.W. Nigeria Ltd. has now over 45 years of experience working in Nigeria, and throughout the West Africa region. P.W. Nigeria Ltd. has an extensive modern fleet of construction equipment and a team of highly trained and professional staff. It is highly committed to the continued development of Nigeria. We boast a diverse portfolio comprising mining, earthmoving, roads and bridges, airport runways, infrastructure development, water supply & sewage. These projects have not only helped grow local economies, but also improved the quality of life for the communities and people in the region. We have an unmatched combination of knowledge, skill, experience and customer commitment coupled with sound financial backing which elevates us as your number one partner in Nigeria and West Africa. We look for used equipment sometimes such as  used scissor lifts for sale.

BUA Group was established in 1988 by founder and industrialist, Abdul Samad Rabiu and has grown over the years to entrench its place as a leading player in the foods, mining, manufacturing and infrastructure space in Africa with major investments in cement, mining, real estate, steel, port operations, sugar and agribusiness. With key operations spread across Nigeria and an international presence in London, BUA Group has firmly established a reputation as one of the largest contributors to Nigeria’s GDP. It’s key cement holding, BUA Cement, is the second largest producer of Cement in Nigeria and is listed on the Nigerian Stock Exchange.

en

SOURCE :The Nigerian Voice (business)

24 thoughts on “Bua Group Acquires Majority Interests In Construction & Mining Giants, P.w. Nigeria Ltd.

  • 27th November 2020 at 9:33 pm
    Permalink

    Thanks , I’ve recently been looking for information approximately this topic for ages and yours is the greatest I have came upon till now. However, what concerning the conclusion? Are you sure about the supply?|

    Reply
  • 23rd December 2020 at 1:51 pm
    Permalink

    I am actually glad to read this webpage posts which includes plenty of valuable data, thanks for providing these data.|

    Reply
  • 24th December 2020 at 2:00 pm
    Permalink

    Pretty portion of content. I simply stumbled upon your weblog and in accession capital to claim that I get actually enjoyed account your weblog posts. Anyway I will be subscribing for your augment and even I fulfillment you get right of entry to consistently quickly.|

    Reply
  • 25th December 2020 at 6:37 am
    Permalink

    My coder is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using WordPress on several websites for about a year and am concerned about switching to another platform. I have heard excellent things about blogengine.net. Is there a way I can import all my wordpress content into it? Any kind of help would be really appreciated!|

    Reply
  • 25th December 2020 at 9:04 pm
    Permalink

    I absolutely love your blog and find almost all of your post’s to be what precisely I’m looking for. can you offer guest writers to write content available for you? I wouldn’t mind publishing a post or elaborating on a number of the subjects you write with regards to here. Again, awesome web site!|

    Reply
  • 26th December 2020 at 10:48 am
    Permalink

    You’re so interesting! I don’t think I have read something like that before. So nice to discover someone with original thoughts on this subject matter. Really.. thanks for starting this up. This web site is something that’s needed on the internet, someone with a bit of originality!|

    Reply
  • 7th January 2021 at 5:27 am
    Permalink

    I am just writing to make you understand what a outstanding experience my wife’s girl obtained using your webblog. She noticed so many pieces, which included what it is like to possess an excellent helping spirit to let other people with no trouble learn specific specialized things. You truly surpassed readers’ expected results. Thank you for providing these priceless, trusted, informative as well as fun tips about this topic to Lizeth.

    Reply
  • 15th January 2021 at 1:11 pm
    Permalink

    Wow! At last I got a blog from where I be able to actually get valuable data regarding my study and knowledge.|

    Reply
  • 4th March 2021 at 10:25 pm
    Permalink

    I want to to thank you for this excellent read!! I certainly loved every bit of it. I’ve got you saved as a favorite to look at new things you post…|

    Reply
  • 6th March 2021 at 8:02 am
    Permalink

    A person necessarily lend a hand to make significantly posts I might state. That is the first time I frequented your web page and to this point? I surprised with the analysis you made to make this actual submit extraordinary. Magnificent activity!|

    Reply
  • 11th March 2021 at 12:48 pm
    Permalink

    I think this is among the most vital information for me. And i’m glad reading your article. But should remark on few general things, The web site style is wonderful, the articles is really great : D. Good job, cheers|

    Reply
  • 15th March 2021 at 12:09 am
    Permalink

    It’s remarkable to go to see this web site and reading the views of all colleagues on the topic of this piece of writing, while I am also keen of getting experience.|

    Reply
  • 19th March 2021 at 11:18 pm
    Permalink

    I’m not sure exactly why but this site is loading very slow for me. Is anyone else having this problem or is it a issue on my end? I’ll check back later on and see if the problem still exists.|

    Reply
  • 6th May 2021 at 1:12 am
    Permalink

    Hello! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no back up. Do you have any methods to stop hackers?|

    Reply

Leave a Reply

Your email address will not be published.