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Murray and Roberts Holdings

Murray and Roberts Holdings Ltd.
Public
Traded as (JSE: MUR)
Industry Construction
Founded 1902
Headquarters Bedfordview, Johannesburg, South Africa
Area served
Southern Africa, Middle East, Southeast Asia, Australasia, North America, South America
Key people

Henry Laas (CEO)

Cobus Bester (Financial Director)
Revenue R35.41Billion (FY2012)
Total assets R22.43Billion (FY2012)
Subsidiaries Numerous
Website www.murrob.com

Henry Laas (CEO)

Murray and Roberts Holdings Ltd. is a South African based construction, engineering and mining contractor, located in Johannesburg, South Africa and is listed on the JSE Securities Exchange. Murray & Roberts is South Africa’s leading engineering, contracting and construction services company, with a primary focus on the resources-driven construction markets in industry & mining, oil & gas and power & energy in Africa, Middle East, Southeast Asia, Australasia and North and South America.

The company offers civil, mechanical, electrical, mining and process engineering; general building and construction; materials supply and services to the construction industry; and management of concession operations. In addition to the many buildings, Murray & Roberts has been involved in the construction of the Gautrain railroad, the Medupi Power Station, and the Cape Town Stadium.

Murray & Roberts was established in 1902 as an emerging house builder in the Cape Colony. For its first 75 years, the company developed under the leadership of its founding families. Douglas Murray inherited Murray & Stewart from his father John in 1928 and co-founded The Roberts Construction Co. in 1934 with his friend and colleague Douglas Roberts. They were later joined by Andrew Roberts, and the three entrepreneurs played a leadership role in the formal development of the South African construction and engineering industry.

Under Douglas Murray the company followed a strategy that maintained geographic focus in the Cape Colony (later known as the Cape Province), he sought growth through diversification into construction materials and services as well as the industrial sector. The company later expanded geographic focus into the rest of Africa and elsewhere whist focusing on construction. In 1951 the company became public and listed on the .

Douglas Murray died in 1964 and was succeeded by long-serving executive Des Baker, who in partnership with Bill Bramwell at Roberts Construction became the architect of a merged and more industrialised Murray & Roberts over a 13-year period between 1967 and 1979. Douglas Roberts finally retired in 1979 and both brothers died in 1982. Following the premature death of Des Baker earlier that year, Bill Bramwell became executive chairman.


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