Multiplex Company
Multiplex Company
Multiplex is a prominent international construction contractor notable for its expansive operations across several continents, including Australia, Canada, Europe, and the Middle East. Established in 1962 by John Roberts in Australia, the company has become a leader in the construction industry, specializing in the creation of high-rise buildings, high-end residential properties, mixed-use developments, and various infrastructure projects related to education and healthcare.
Corporate History
In 2007, Brookfield Asset Management proposed an acquisition of Multiplex, valuing the company at approximately A$7.3 billion. This was a significant event in the company's history, as the offer was supported by the Multiplex board of directors, including the Roberts family, who parted with their 26% ownership stake. The acquisition was completed rapidly, with Brookfield owning 90% of the company by October 2007 and eventually acquiring full ownership by November of the same year.
After the acquisition, Multiplex was delisted from the Australian Securities Exchange. The company then became a crucial part of Brookfield's global operations, contributing significantly to its construction and infrastructure projects.
Major Projects and Operations
Multiplex has been involved in some of the most iconic construction projects globally. The company has built a reputation for delivering complex and large-scale projects, including skyscrapers, luxury residential complexes, and significant commercial developments. One notable project in its portfolio is 22 Bishopsgate, a skyscraper in London, which demonstrates Multiplex's ability to handle high-profile and intricate construction challenges.
Multiplex in Film and Entertainment
Though not directly related to the construction company, the term "multiplex" is also associated with multiplex cinema complexes which are large movie theater venues with multiple screens. These cinema complexes have become popular worldwide and are often housed in specially designed buildings that can accommodate numerous simultaneous screenings. The rise of multiplex cinemas has also influenced the design and construction of entertainment venues, a domain where companies like Multiplex may contribute their expertise.
Related Entities
- Brookfield Corporation: Parent company of Brookfield Asset Management and currently oversees Multiplex.
- Cleveland Bridge & Engineering Company: Partnered with Multiplex in various construction projects.
- Cineplexx Cinemas: A brand of multiplex cinemas that has expanded internationally.
Multiplex continues to play a pivotal role in shaping the modern urban landscape through its innovative construction solutions, contributing significantly to the infrastructure of cities around the globe.