Probuild
Probuild
Defunct Australian construction company
Probuild was an Australian construction company that traded from 1987 until 2022.
Industry | Construction |
---|---|
Founded | 1987 |
Founder | Phil Mehtren |
Defunct | February 2022 |
Headquarters | , Australia |
Area served | Australia |
Revenue | $1.4 billion (2021) |
Number of employees | 750 (2022) |
Parent | Wilson Bayly Holmes Ovcon |
Website | www.probuild.com.au |
Probuild was founded in 1987 by Phil Mehtren.[1] In 2000 it was purchased by Wilson Bayly Holmes Ovcon.[2] An attempt to sell the business to the China Communications Construction Company in 2021 was blocked by the Government of Australia on national security grounds.[3][4] In February 2022, it was placed in voluntary administration by Wilson Bayly Holmes Ovcon with Deloitte appointed administrator.[5][6][7]
Roberts & Co took over five projects in Melbourne, while the Western Australian business was sold to SRG Global.[8][9] Hutchinson Builders took over the 443 Queen Street, Brisbane project.[10]
Notable projects completed by Probuild included:
- Aurora Melbourne Central[11]
- Greenland Centre, Sydney[12][13]
- Marina Tower Melbourne[14]
- Netball Central, Sydney[15]
- Victoria One[16]
At the time of its cessation, Probuild was involved in the construction of The Ribbon, Sydney, West Side Place and 443 Queen Street, Brisbane.[17][18][19][20]
- Building pipeline in Aus sees Probuild contribute 60% of WBHO revenue Engineering News 17 November 2017
- Near $300 million sale of Probuild to Chinese interests falls through Urban.com.au 12 January 2021
- Roberts Co acquires five Vic Probuild projects Infrastructure Magazine 5 April 2022
- Aurora Melbourne Central Probuild
- Greenland Centre Probuild
- Probuild signs Greenland Centre contract, commencing work early 2017 Australian Financial Review 30 November 2016
- Marina Tower Probuild
- Netball Centre Probuild
- Victoria One Probuild
- West Side Place Probuild
- 443 Queen Street Probuild