Keller Group plc () is a geotechnical engineering company. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a constituent of the

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History

The company was established in the 1950s as the ground engineering division of

GKN plc GKN Ltd is a British multinational automotive and aerospace components business headquartered in Redditch, England. It is a long-running business known for many decades as Guest, Keen and Nettlefolds. It can trace its origins back to 1759 an ...

. In 1960, it expanded into a stand-alone piling and ground improvement company and, in 1975, it acquired the German company Johann Keller and took on that name. In 1984 Keller bought Hayward Baker Inc., a US ground engineering business. In 1990 it was the subject of a

management buy-out A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1 ...

from

supported by Candover and it was first listed on the

in May 1994. In 2006, Keller Group acquired Anderson Drilling, the creaters and owners of the

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drilling rig. In 2007, the company sold its

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division for nominal consideration; also in 2007 the company acquired HJ Foundation for £24.5 million. In 2015, Keller acquired

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, Australia-based Austral Construction. In January 2023, Keller published a profit warning after a "deliberate and sophisticated financial reporting fraud" at Austral Construction. The estimated impact was £6m related to the first half of 2022, and £8m to £10m relating to prior years. Two directors were dismissed as investigations continued, and the company's shares fell 10%.

Operations

Keller operates under three divisions and is supported by its group head office: * North America: Bencor, Case Foundation, Hayward Baker, HJ Foundation, Keller Canada, McKinney Drilling, Suncoast, Moretrench. With effect from 1 January 2020, these businesses were all branded as Keller and operate as regional parts of a single company. * Europe, Middle East and Africa: Central Europe, North-East Europe, North-West Europe, South-East Europe, Franki, French Speaking Countries, Middle East, Iberia and Latin America, Brazil * Asia-Pacific: ASEAN, India, Keller Australia and Austral Construction. Spirit Tower in Iluka

References

External links

* {{Authority control Companies based in the City of Westminster Companies listed on the London Stock Exchange Construction and civil engineering companies of the United Kingdom Geotechnical engineering companies 1950 establishments in England British companies established in 1950 Construction and civil engineering companies established in 1950

History

Operations

See also

References

External links