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| Balfour Beatty buys RT Dooley Balfour Beatty, a London-based construction, civil engineering and rail services company, announces that it has acquired RT Dooley Construction, a family-owned construction firm based in Charlotte, North Carolina, for a cash consideration of approximately $40 million. RT Dooley specialises in corporate headquarters, corporate interiors/fit-out and "mission critical" work such as data centres and call centres. Its activities are complementary to Balfour Beatty Construction US' South East division, which is also based in Charlotte. RT Dooley's customers include Bank of America, Wachovia, Duke Energy and Lowes. It had 2008 revenues of c$300 million, operating profit of c$7 million and net cash of c$10 million. write your comments about the article :: © 2009 Construction News :: home page |