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Trusted by
Acquiring Company
Jardine Matheson
Acquired Company
Gammon
Hong Kong
SingaporeReal EstateHospitalityRetailConstructionBuilding MaintenanceCivil EngineeringDescription
Jardine Matheson has completed an agreement to acquire a 50 percent stake in Gammon Construction from Balfour Beatty. The acquisition involves a consideration of approximately US$330 million and includes future dividends and cash on the balance sheet. This move positions Jardine Matheson as the sole owner of Gammon Construction.
Fundz sees it the moment Jardine Matheson makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Gammon?
Gammon was acquired by Jardine Matheson, based in Hong Kong. The deal was reported on October 13, 2026. Jardine Matheson is a Hong Kong-based conglomerate with a diverse portfolio of businesses. Jardine Matheson is privately held and operates in Real Estate.
When did Jardine Matheson acquire Gammon?
Jardine Matheson's acquisition of Gammon was reported on October 13, 2026. Jardine Matheson has completed an agreement to acquire a 50 percent stake in Gammon Construction from Balfour Beatty. The acquisition involves a consideration of approximately US$330 million and includes future dividends and cash on the balance sheet. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gammon do?
Gammon is a construction company with a longstanding partnership with the Land Transport Authority (LTA). They prioritize safety and efficient construction in their projects. It is privately held, operating in Construction, and is based in Singapore.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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