Balfour sells telecoms division to Obelisk

Irish infrastructure business Obelisk has acquired the telecoms division of Balfour Beatty.
The move continues Obelisk’s expansion plans since it was acquired by European giant Constructel Visabeira in 2022.
The deal sees Obelisk acquire new UK offices in Southampton where it will retain Balfour Beatty’s existing team of employees and partners.Obelisk Chief Executive Officer, Ronnie Delaney said: “We are very pleased to welcome the telecoms team from Balfour Beatty, who togethe