Grinaker-LTA offers multi-disciplinary construction and engineering services to its clients in Southern Africa and other selected markets in Africa. The Group offers a comprehensive range of standalone or integrated services in building, civil engineering, roads, earthworks, concrete, ground engineering, mechanical & electrical, instrumentation and piping contracting, as well as project management, infrastructure investment, water treatment design, and facilities operation and maintenance services.
A key component of Aveng’s strategic plan is the disposal of identified businesses and other assets which do not fit with the Group’s long-term strategy. Aveng intends to ensure that Grinaker-LTA is acquired by a new shareholder who is better positioned to compete successfully in the South African economy.
Grinaker-LTA will be sold as going concerns and Aveng will remain fully engaged to support the businesses to drive improved performance until new owners are found. This approach will ensure a sustainable future for the employees, customers and suppliers of the business.