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SNC-Lavalin SA bought out by local team, rebranded Aurex Constructors
Led by vice president Stuart Kent, the South African management team of SNC-Lavalin SA completed a management buy-out of the local entity earlier this month.
© Hongqi Zhang – 123RF.com
As part of the deal, the company was to undergo a full rename and rebrand and is now called Aurex Constructors, derived from ‘Au’, the symbol for gold, and ‘excellence’. As Aurex Constructors transforms into a South African owned and managed business, its strategy is to focus on its core competencies of construction, and turnaround and maintenance projects across all energy sectors.
“This is a very exciting time for the business” said Stuart Kent, “as we navigate the Covid-19 pandemic, recalibrate our strategy, our processes and procedures to align with the local landscape and move forward as Aurex Constructors whilst leveraging our legacy and expertise to best serve our customers.”
