Obayashi’s Webcor to Acquire 100% of GCON Inc. and Affiliates in U.S. Expansion

Reuters
2025.10.17 04:02
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Obayashi Corporation’s U.S. subsidiary, Webcor, is set to acquire 100% of GCON Inc. and its affiliates, enhancing its presence in the U.S. construction market. GCON, based in Phoenix, Arizona, specializes in various sectors including technology and healthcare, and reported net sales of approximately USD 325 million for FY2024. The acquisition is expected to be finalized by mid-November 2025, expanding Webcor's operations into Arizona and strengthening Obayashi's position in the critical environment construction sector.