A Milestone Moment: Multiplex is being acquired by the Obayashi Group

Multiplex’s owner, leading global investment firm Brookfield, has today announced it has reached agreement to sell our business to Obayashi Group, one of the world’s leading construction companies headquartered in Japan.

Multiplex Global CEO John Flecker said:

“This is a milestone moment for Multiplex, marking the next chapter in our evolution and creating one of the most significant construction groups in the world.

“There is a clear alignment of values and aspirations between Multiplex and Obayashi, a firm established more than 130 years ago, and we see significant opportunity ahead.

“Importantly, it is business as usual for our clients, partners and people. Our operations, projects and brand remain unchanged, and our leadership team will continue to lead the business into its next chapter.

“Obayashi brings significant engineering expertise and global capability, viewing Multiplex as the perfect fit for its long-term global growth strategy. The acquisition strengthens Multiplex’s platform by providing access to global markets, technical knowledge and expanded opportunities for its people and partners. Multiplex will continue to operate independently, while benefiting from the strength of its new owner.

“We are proud of what Multiplex has achieved and the culture we have built. With Obayashi’s backing, we are well positioned to build on that success and continue delivering for our clients and communities.”