Building Systems
Republic of Georgia Selects Anaklia Development Consortium to Build a Deep Sea Port in Anaklia
Georgia’s Ministry of Economy & Sustainable Development today announced that the Anaklia Development Consortium LLC has been awarded the contract to build and develop a Deep Sea Port in Anaklia. The $2.5 billion project will establish a new maritime corridor between China and Europe, helping restore the historic Silk Road and stimulating national and regional economic growth.
Witteveen+Bos and BST Global Create Landmark Partnership
Following an extensive evaluation process, Witteveen+Bos has selected BST Global as its Enterprise Resource Planning (ERP) solution provider, making the engineering consultancy the first Netherlands-based firm to implement the software company’s flagship product, BST10. Witteveen+Bos represents one of the top 10 engineering consultancies in the Netherlands, according to the 2015 Technisch Weekblad Top 50 Ingenieursbureaus rankings.
GAF Announces the Acquisition of Icopal
GAF, North America’s largest roofing manufacturer, announced today that it has entered into a definitive agreement to acquire Icopal (“the Company”), a leading pan-European manufacturer of roofing and other waterproofing products, from Investcorp Ltd for approximately €1 billion. The transaction, which builds upon GAF’s market-leading products by adding a portfolio of high-quality brands in Europe and the United States, will create the world’s pre-eminent roofing company. The acquisition is expected to close by the second quarter of 2016.