Keller: Strong in North America
Results 2024
Short description
The British company Keller Group PLC is a global leader in the geotechnical sector. Specializing in site preparation, the company provides innovative solutions for complex engineering challenges.
Keller focuses on the early stages of the construction cycle, offering specialized services in foundations and ground improvement. The company operates across various sectors, including infrastructure, industry, residential construction, and commercial building projects.
Keller offers a wide range of geotechnical solutions designed to tackle diverse construction challenges. Its key services and techniques include:
Deep foundations: Drilling, piling, and other techniques to support heavy structures.
Ground improvement: Stabilization techniques to make soil suitable for construction.
Grouting: Injecting materials into the ground to increase strength or reduce permeability.
Earth retention: Techniques to prevent landslides and erosion.
Monitoring and instrumentation: Advanced systems for measuring and assessing ground stability.
One of Keller's strengths is its ability to integrate multiple solutions into comprehensive packages. This approach saves clients time and costs while also reducing risks—making it a key differentiator in the industry.
Why we selected Keller
For companies like this, we must not lose sight of the macroeconomic context. And that’s precisely where I see a potential decline in investments.
On the other hand, Keller also presents opportunities. With a 16% market share, Keller is one of the major players and positions itself as a market leader in its niche. In a market dominated by local competitors, there is still room for growth—whether through expansion or consolidation.
Keller’s global scale gives it a strategic advantage. In challenging markets, the company can choose to lower prices further, putting pressure on local competitors and driving consolidation. With revenue streams from other regions and a strong balance sheet, Keller is well-positioned to acquire weaker players or engage in competitive battles.
This is a common scenario in a market where capital is no longer free—something we had almost forgotten in recent years. In tougher times, the strongest companies prevail. They either acquire weaker competitors or outlast them. Either way, the result is the same: a larger market share. A weaker period doesn’t necessarily spell bad news in the long run.
Moreover, larger players like Keller have the advantage of scaling innovations quickly. This gives them a clear edge over smaller competitors.