Our strategy remains the same: to extend our
global leadership in specialist ground engineering through both
targeted acquisitions and organic growth.
In 2007, we made two further acquisitions: HJ in
the US and Systems Geotechnique in the UK. The HJ acquisition
gives us expertise in the growing technology of Continuous
Flight Auger piles which is new to Keller in the US
and further extends our clear leadership in this
market. The acquisition of Systems Geotechnique,
following on from the Phi acquisition in 2006, increases our
presence and broadens our product range in the UK.
We also invested heavily in the fastest-growing
parts of the Group, particularly in the Middle East, Eastern Europe
and Australia. This was rewarded with strong organic
growth. In addition, we continued our expansion into new
geographic regions, with additions to our network of offices around
the world and the performance of our first contracts in Brazil,
Greece, Romania and Vietnam.
In 2008, we shall continue to make strategic
progress by allocating resources to markets which offer good growth
and by taking advantage of the opportunities presented by our
highly fragmented industry.
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