History

  • 1889: James Thompson sets up a building and carpentry business in Durban. One of South Africa's greatest architects, Sir Herbert Baker describes him as 'the best builder in South Africa'.
  • 1908: James Thompson becomes mayor of Johannesburg at which time he was already the largest building contractor in town.
  • 1911: Ole Grinaker, a young engineer from Norway comes to South Africa under contract with the South African Department of Irrigation.
  • 1914: World War One breaks out and Ole finds himself back in Norway.
  • 1930: James Thompson’s sons, James Jr. and Mark join the business. At this stage, Thompson has established branches in all the major cities in South Africa.
  • 1934: James Jr. takes over from his father and one of the first major projects under his new leadership is the construction of Anglo American's headquarters at 44 Main Street, Johannesburg.
  • 1934: Ole Grinaker returns to South Africa. He settles in Durban and starts his own steel reinforcing and fixing business called The Concrete Construction Company. It is not long before the company is awarded its first major contract for the construction of a dam for Rand Leases, a gold mine on the West Rand. This leads to the formation of O. Grinaker (Pty) Limited in the Transvaal and its entry into the field of civil engineering. The company expands into Zimbabwe, Zambia, Botswana and Tanzania.
  • 1951: James Thompson Limited became a public company listed on the Johannesburg Stock Exchange. Anglo American takes a modest shareholding.
  • 1962: Thompson forms a roads and earthworks company and business expands into Africa.
  • 1963: Grinaker acquires Cramond Earthmovers.
  • 1964: The company is listed on the JSE as Grinaker Holdings.
  • 1965: Thompson merges with Lewis Construction, Steeledale Reinforcing and Amalgamated Construction. It is during this year that LTA is formed and listed on the JSE.
  • 1970's: Both companies enjoy boom times and show significant growth.
  • 1978: LTA forms MITEC - the first step in mechanical, electrical and process engineering. Grinaker acquires Racal Electronics and the company is split into Grinaker Construction and Grinaker Electronics.
  • 1980's: LTA acquires JC Groenewalds Electrical Contractors and forms Karrena Africa, while Grinaker acquires Dura Construction in Cape Town. During this period, AMIC acquires a 68% stake in LTA. Anglovaal acquires a controlling interest in Grinaker via AVI.
  • 1990's: LTA acquires Fraser & Chalmers Mechanical & Piping. Whilst Grinaker divides its construction and electronics businesses, listing them separately on the JSE. AVI still enjoys a majority shareholding in Grinaker Construction.
  • Late 1990's: LTA acquires DSE and Aveng takes out Grinaker's majority shareholders. Grinaker is delisted from the JSE.
  • 2000: Anglo American disposing of its non-core assets which results in the sale of its interest in LTA to Aveng. This acquisition is an important step to Aveng's vision to broaden its construction footprint into the developing world.
  • 2000: Aveng Grinaker-LTA Limited is established.