Manhattan Construction Acquires Kraft Construction

Naples-based Kraft Construction Co. has been acquired by another privately held company, Manhattan Construction Group, the companies announced Monday. They are joining to form one of the largest privately held general construction companies serving Florida, with combined annual revenues of approximately $1.5 billion and almost 2,000 employees. No layoffs are expected because of the acquisition.The heads of both companies said it's a good match because their corporate cultures are similar. more