John Laing Group has agreed to acquire a 25 percent stake in the Centre Hospitalier de l’Université de Montréal (CHUM) public-private partnership project from Obrascón Huarte Lain, S.A. (OHLA). The acquisition is subject to necessary conditions and approvals and is expected to complete in the second half 2024.
The transaction marks John Laing’s re-entry into the social infrastructure sector in Canada and builds on the company’s record in developing modern healthcare facilities in North America, Europe and Australia.
The acquisition will further increase John Laing’s global healthcare portfolio, which includes the Valley Healthcare primary care center platform in Ireland, and recently acquired U.K. PFI projects — Queen’s Hospital in Romford and the Oxford John Radcliffe Hospital. “John Laing is thrilled to have reached an agreement to acquire a 25 percent interest in CHUM and to partner with Innisfree and AtkinsRealis on a critical infrastructur
