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Leighton Holdings

 
Wikipedia: Leighton Holdings
Leighton Holdings
Type Public (ASXLEI)
Founded 1949
Headquarters St. Leonards, New South Wales, Australia
Key people David Mortimer, Chairman
Wallace King, CEO
Industry Construction, Civil engineering
Revenue A$14,542 million (2008)
Operating income A$768 million (2008)
Net income A$608 million (2008)
Website www.leighton.com.au

Leighton Holdings (ASXLEI) is Australia's largest project development and contracting group[1]. It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries. It has operations in Australia, South East Asia, New Zealand, Vietnam, China and the Middle East.

Contents

History

Founded in 1949 by Stanley Leighton, an Englishman, Leighton Holdings was first listed on the Melbourne Stock Exchange in 1962. It established an operation in Asia, known as Leighton Asia in 1975.

Operations

Leighton Contractors

Leighton Contractors is the core contracting business around which the rest of the structure of the Leighton Group has been formed.

John Holland Group

Leighton Holdings owns John Holland Group, another Australian construction group. Founded in 1949 by John Holland (later Sir John Holland),[2] this entity built Parliament House in Canberra, a structure completed in 1988.[3] It has recently been awarded the contract to expand Melbourne Airport.[4] The holding in John Holland was acquired in two stages: an initial 70% in 2000 and an extra 29% in 2004. The final 1% was finalised in December 2007. John Holland Group holds an investment in the Asia Pacific Transport Consortium.

The John Holland Group owns 20% of Metro Trains Melbourne, the consortium which will run Melbourne's suburban railway network from 30th November 2009.

Thiess

Leighton Holdings also owns Thiess, an Australian integrated engineering, construction and mining services provider. Originating in Queensland in 1934, Thiess became a part of the Leighton Group in 1983 when Hochtief first bought shares in Leighton.

Leighton International

Leighton International is the international operating company of the Leighton Group. Based in Dubai, the Company operates in the Middle East, India, Sri Lanka, Malaysia, Indonesia, Singapore and Brunei. The Company owns a 45% share in the Al Habtoor Leighton Group, one of the leading construction groups in the Middle East.

Major projects

Major projects undertaken by Leighton Holdings include the Ross River Dam completed in 1971[5], the Anglo-Australian Observatory completed in 1971[5], the Burdekin Dam completed in 1987[5], Brisbane Airport completed in 1988[5] and the ABC Centre in Ultimo completed in 1991[5].

Ownership

About 55% of the shares in Leighton Holdings are held by Hochtief[6].

References

External links


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