Probuild
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 |
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:
- Aurora Melbourne Central[11]
- Greenland Centre, Sydney[12][13]
- Marina Tower Melbourne[14]
- Netball Central, Sydney[15]
- Victoria One[16]
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]