Related Links: Global Acquisitions Fall in Q3, But Strong Activity in Some Areas CB&I Makes $3-Billion Bid for The Shaw Group Nuclear Plant Fix Central to Duke CEO Ouster After Utility Merger Merger and acquisition activity was hot in 2012. Some surveys maintained that M&A numbers fell off this year as global economic trends made buyers more cautious, but others say company consolidation was steady. While there were numerous transactions involving small and midsize firms, the year also featured one deal that, if it is completed early next year, will become one of the largest ever in the industry: Woodlands, Texas-based
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.