Deloitte has been appointed as administrators to handle the many businesses folding, which are part of the WBHO Australia Group, while 750 employees and thousands of contractors are also impacted, ...

In some industries, corporate sales and mergers mean big changes for customers all the way down to the local level. Not so for Builders FirstSource in Evergreen, which was previously ProBuild Holdings ...

On Thursday, South African corporation WBHO confirmed it was entering voluntary administration. It acts as the parent company for Probuild as well as 18 other building businesses, prompting thousands ...

ProBuild supplies lumber and building materials to professional builders and contractors. ProBuild currently operates more than 400 lumber and building product distributions, manufacturing and ...

Low margins, cost blowouts, a supply chain crunch and rising prices contributed to Probuild’s collapse. Clearly the risks and consequences of taking on mega-building projects are now razor sharp.

Documents show Probuild’s WBHO Infrastructure borrowed $48.7m from other parts of the group last year as it struggled to survive Administrators of the collapsed Probuild building empire say they will ...

The collapse of builder Probuild shows how a broken system of contracting has built up in Australia, where too much risk is taken on for too little return. If you want to understand the collapse of ...

April 13 (Reuters) - Builders FirstSource Inc, a U.S. supplier of residential building products, said it would buy privately held ProBuild Holdings LLC for $1.63 billion in cash. The transaction is ...