Probuild

Probuild was an Australian construction company that traded from 1987 until 2022.

Probuild
IndustryConstruction
Founded1987
FounderPhil Mehtren
DefunctFebruary 2022
Headquarters,
Australia
Area served
Australia
Revenue$1.4 billion (2021)
Number of employees
750 (2022)
ParentWilson Bayly Holmes Ovcon
Websitewww.probuild.com.au

History

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

Notable projects completed by Probuild included:

At the time of its cessation, Probuild was involved in the construction of West Side Place and 443 Queen Street, Brisbane.[17][18][19]

References

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