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Defunct Australian construction company From Wikipedia, the free encyclopedia
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:
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]
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