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Obayashi Corporation / Multiplex

Approved · Notification · Phase 1 · decided in 22 days, 18 Aug 2026

UnclassifiedMN-05031ACCC register

Japanese construction contractor Obayashi Corporation, via a subsidiary, will acquire 100% of shares in BCI UK Holdings Ltd, comprising the Multiplex Group. This transaction involves two major construction companies, with Multiplex providing large-scale building services across Australia, Canada, and the UK, and Obayashi active in similar projects globally.

Timeline

  1. 27 July 2026Filed with the ACCC
  2. 27 July 2026Questionnaire - Obayashi Corporation - MultiplexDOCX · 116.0 KB
  3. 18 Aug 2026Obayashi Corporation - Multiplex - Phase 1 determinationPDF · 148.4 KB

Acquisition details

Obayashi Corporation ( Obayashi ), through its subsidiary, proposes to acquire 100% of the shares in BCI UK Holdings Ltd which, together with its subsidiaries, makes up the Multiplex Group ( Multiplex ). Obayashi is a Japanese construction contractor that carries out and participates in building construction, infrastructure development and renewable energy projects in Japan and elsewhere, including in Australia. Obayashi is involved in the development of large-scale projects including stadiums, mixed-use developments, and transport infrastructure. In Australia, Obayashi participates in certain large-scale construction projects through an arrangement with Built Pty Limited, an Australian construction company. Multiplex is a construction company that supplies building construction services across Australia, Canada and the UK. In Australia, Multiplex’s services primarily involve the delivery of large-scale construction projects, including high-rise developments, across sectors such as commercial offices, retail, health and social infrastructure.

Parties

Acquirer
Obayashi UK Holdings Limited UK Company No.17229281, Obayashi Corporation ABN - 86 002 932 756
Target
BCI UK Holdings Ltd UK Company No 9945869