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Balfour Beatty to acquire Houston-based contractor

UK-based global construction giant Balfour Beatty announced that it is to acquire SpawMaxwell Company, the largest interior construction contractor in Texas and the sixth largest general contractor in Houston. The business is being acquired from its management for a total cash consideration of up to $25 million.

SpawMaxwell has offices in Houston, Austin and Dallas and has delivered more than 40 million square feet of premium commercial and healthcare interior construction projects. It also has a growing "core and shell" construction portfolio in Texas.



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