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Company History

Raubex was founded by Koos Raubenheimer in November 1974. The first contract was awarded to it by the Free State Provincial Administration to construct a bridge over the Vetriver near Bultfontein. The Company therefore started off as a structures contractor. The developing road network required an increasing number of bridges and Raubex was there to build them. 

 

1975 – 1986
During the next years until 1986 the Company started to diversify into road construction and crushing. In this period Raubex completed 109 projects which included 50 bridges. Raubex took on its first major road construction project, namely the construction of the Kroonstad to Koppies road.  

 

1987 – 1996 
From 1987 onward the Company would take on larger road construction projects and would start venturing outside its original playing field namely the Free State. From 1987 to 1996 the completed projects increased to 200. 

 

1996 – 2006 
During 1996 a process of unbundling helped strengthen the competitive spirit and would help Raubex through tough years, when infrastructure spending was at a low. During 2004 the process was reversed and the Company consolidated into three divisions. During this period the Company showed rapid growth in the road rehabilitation sector. 

 

2007 - 2010 
Raubex listed on the Johannesburg Stock Exchange on the 20th of March 2007. This period included the build-up to the, South African hosted, Soccer World Cup 2010. Raubex was positioned well to take advantage of the subsequent boom in infrastructure development. Phenomenal growth was achieved through both organic and acquisitive expansion. The following acquisitions were made during this period; Akasia Road Surfacing, Aliwal Dolorite Quarry, B&E International, Canyon Rock Quarries, Conspec, Milling Techniks, National Asphalt, Queenstown Quarry, Space Construction, SPH Kundalila, Thaba Bosiu Construction and Zamori Construction.

 

 

2011 - Present 
Industry trading conditions, in southern Africa, weakened due to a capacity surplus created during World Cup preparations. The Raubex Group defy negative expectations and stay profitable during this period. It outperforms most of its peers.

Despite market conditions Raubex strengthen vertical integration with the acquisition of Tosas (S.A.’s major bitumen supplier) and diversify with both acquisition and start-up of L&R Civil, Strata Civil, Raubex Infra, Raubex Housing and Raudev.

Raubex prepares for a good future by bringing together experience, expertise and talent united by common values and focuses on partnering with our clients to improve the communities in which we work.

 
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