While the Australian construction market continues to struggle in the face of negative market sentiment and tight financial conditions,
there are some small signs of an uptake in activity over the next three months. Unfortunately, given the prevailing market
conditions, it is hard to see this as a turning point in the construction sector and it is better defined as the normal seasonal increase
in building activity.

On the 30th September 2010, Acrow Formwork and Scaffolding Ltd (Acrow) was acquired by private equity firm, Anchorage Capital Partners. Acrow, formerly part of the Boral Group, is one of Australia’s leading Formwork and Scaffolding companies with 19 sites across Australia.

Please click the heading link for the full story.