Lendlease and Atlas Holdings today have entered into a binding agreement for the sale of Lendlease’s U.K. construction business.
Under the terms of the agreement, Atlas will acquire Lendlease’s construction business and its operations including its existing employees and leadership team, ensuring a seamless handover for clients and business partners.
Founded in 2002, Atlas and its affiliates own and operate 26 platform companies that employ more than 50,000 associates across 350 facilities worldwide. The firm’s businesses together generate revenues of approximately $16 billion annually.
Atlas possesses operational expertise in the construction and manufacturing sectors. Its companies are engaged in a variety of industries, including metals, wire and cable, automotive supply, building materials, construction, power generation, food production, industrial machinery and services, packaging, printing, pulp, paper and tissue.
Lendlease’s U.K. constructi