Mergers and Acquisitions in UK Construction Industry | Construction News https://www.constructionnews.co.uk Read UK Construction Industry News, Analysis, Opinion and data Thu, 08 Feb 2024 11:16:23 +0000 en-GB hourly 1 https://wordpress.org/?v=6.0 https://emap-romulus-prod.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/8/2023/07/favicon-cn192-70x70.png Mergers and Acquisitions in UK Construction Industry | Construction News https://www.constructionnews.co.uk 32 32 https://www.constructionnews.co.uk/wp-content/themes/mbm-mops-2017/images/logo.gif Construction News https://www.constructionnews.co.uk 125 75 Read UK Construction Industry News, Analysis, Opinion and data Barratt/Redrow merger to ‘drive supply chain innovation’ https://www.constructionnews.co.uk/financial/barratt-redrow-merger-to-drive-supply-chain-innovation-07-02-2024/ https://www.constructionnews.co.uk/financial/barratt-redrow-merger-to-drive-supply-chain-innovation-07-02-2024/#respond Wed, 07 Feb 2024 13:03:49 +0000 https://www.constructionnews.co.uk/?p=493811 Housebuilder Barratt has agreed a deal to buy rival Redrow, allowing the combined business to make £90m in cost savings, it announced this morning. An announcement to the London Stock Exchange said that the £2.5bn deal, which would make the new firm the biggest housebuilder…

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]]> https://www.constructionnews.co.uk/financial/barratt-redrow-merger-to-drive-supply-chain-innovation-07-02-2024/feed/ 0 M Group snaps up home decarbonisation specialist https://www.constructionnews.co.uk/financial/ma/m-group-snaps-up-home-decarbonisation-specialist-05-01-2024/ Fri, 05 Jan 2024 12:50:53 +0000 https://www.constructionnews.co.uk/?p=492103 Utilities contractor M Group Services has acquired home decarbonisation firm AgilityEco, in its latest move to improve its renewable energy capabilities. AgilityEco helps energy providers, local authorities and other companies improve energy efficiency and reduce utility bills. It was bought for an undisclosed sum. The…

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]]> Private equity firm acquires modular specialist https://www.constructionnews.co.uk/financial/ma/private-equity-firm-acquires-modular-specialist-01-11-2023/ Wed, 01 Nov 2023 12:31:22 +0000 https://www.constructionnews.co.uk/?p=488887 Netherlands-based private equity firm Mutares has acquired modern methods of construction specialist Byldis UK for an undisclosed sum. The UK firm spun out of the Hurks group (also based in the Netherlands) in 2018 and now employs more than 400 people with a head office…

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]]> Van Elle acquires piling specialist https://www.constructionnews.co.uk/financial/ma/van-elle-buys-rock-alluvium-for-up-to-3-8m-27-10-2023/ Fri, 27 Oct 2023 11:44:35 +0000 https://www.constructionnews.co.uk/?p=488684 Van Elle Holdings has bought Galliford Try’s specialist piling business Rock & Alluvium in a deal worth up to £3.8m. Van Elle made an initial payment of £1.8m, with £2m payable 12 months from completion, subject to completion accounts. The firm will acquire 11 piling…

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]]> Cladding specialist snapped up by materials firm https://www.constructionnews.co.uk/financial/ma/cladding-specialist-snapped-up-by-materials-firm-13-10-2023/ Fri, 13 Oct 2023 08:31:01 +0000 https://www.constructionnews.co.uk/?p=487700 Materials distributor Brickability has bought Scotland-based cladding and remediation specialist Topek in a deal worth up to £45m. The acquisition is Brickability’s 12th following its public listing in 2019, with the company following a strategy to “broaden and deepen” its portfolio. The deal consists of…

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]]> Osborne sells off third division in two years https://www.constructionnews.co.uk/financial/ma/osborne-sells-off-third-division-in-two-years-05-09-2023/ Tue, 05 Sep 2023 08:43:59 +0000 https://www.constructionnews.co.uk/?p=485528 Osborne has disposed of its property maintenance arm, the third division it has sold in two years. The company said it “continues [to] restructure to focus on [our] core construction and development business” after selling its maintenance arm Osborne Property Services (OPSL) to Cardo Group,…

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]]> Kier buys Buckingham rail division for £9.6m https://www.constructionnews.co.uk/financial/ma/kier-buys-buckingham-rail-division-for-9-6m-04-09-2023/ Mon, 04 Sep 2023 15:21:32 +0000 https://www.constructionnews.co.uk/?p=485314 Kier has saved 180 jobs after buying Buckingham Contracting Group's rail business for £9.6m. Buckingham was set to become the largest construction firm to collapse since Carillion, when it filed a notice to appoint administrators on 16 August, citing losses on three of its stadium…

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]]> Mitie acquires engineering contractor for up to £31.5m https://www.constructionnews.co.uk/financial/ma/mitie-acquires-engineering-contractor-for-up-to-31-5m-04-09-2023/ Mon, 04 Sep 2023 11:28:51 +0000 https://www.constructionnews.co.uk/?p=485476 Mitie Group has acquired JCA Engineering in a deal worth up to £31.5m. The facilities management company has paid JCA £21m upfront and will offer up to £10.5m over three years, depending on the contractor’s performance. JCA is an engineering and fit-out contractor founded in…

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]]> Vinci acquires Scots power line specialist https://www.constructionnews.co.uk/sections/contractors/vinci/vinci-acquires-scots-power-line-specialist-15-08-2023/ Tue, 15 Aug 2023 15:18:12 +0000 https://www.constructionnews.co.uk/?p=484388 Vinci Energies has acquired Scotland-based firm NorPower, a specialist in extra-high-voltage overhead lines. Established in 2003, NorPower is based in Muir of Ord in the Scottish Highlands. It specialises in wood pole and steel overhead lines construction, installation, reconfiguration and refurbishment. The firm employs 30…

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]]> FM Conway snaps up 164-person specialist contractor https://www.constructionnews.co.uk/financial/fm-conway-snaps-up-164-person-specialist-contractor-09-05-2023/ Tue, 09 May 2023 10:48:15 +0000 https://www.constructionnews.co.uk/?p=478949 FM Conway has acquired Essex-based Flowline and its 164 employees from administration. Specialist drainage contractor Flowline appointed administrators from PwC on Friday (5 May), when it was renamed F (Realisations) 2023 Limited. The immediate sale of Flowline at 2.57am on Friday means all of the…

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