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15th April 2013
Source: Construction News
Seddon Group is re-organising its business to create three independently-owned trading companies, covering construction, property and engineering.The family-owned firm, which has been operating for more than 100 years, says the move will enable growth opportunities and an enhanced service offering in what it called a “natural evolution”. Seddon specialises in building, painting and maintenance, with a turnover of £300m and a workforce of 2,000.There are not expected to be any redundancies as a result of the reorganisation.
Source: Construction News
CH2M Hill will consider bidding for design-and-build contracts in the UK as it seeks to expand its presence into new sectors including nuclear and shale gas. The firm announced this month that it would create 500 new engineering jobs across the UK this year as part of a £65 million investment in UK employment.CH2M Hill international division president Jacqueline Hinman told Construction News that the company will consider design-and-build contracts, as well as operation and maintenance and EPC deals in the UK, should clients require them to do so.
Company Profile: CH2M Hill
Source: Construction Enquirer
A consortium of Argent, Greater Manchester Property Venture Fund and Carillion is believed to have won a bid to develop the £650m Airport City scheme. The win is due to be confirmed this week by Manchester Airports Group. The team faced intense competition from a number of rival consortia including Kier Property. The win would be a major boost for Carillion’s construction arm. The company has been following a strategy of reducing construction turnover in recent years which saw its profits jump 25% at the division in the latest results.
Company Profile: Carillion
Breedon Aggregates has acquired assets from rival Marshalls worth up to £19m, just days after buying up £34m in assets from Aggregate Industries. The deal comes hot on the heels of Breedon buying up £34m in Scottish Assets from Aggregate Industries, which added around 20 per cent to group revenue. The assets – purchased from Marshalls Mono – are freehold and leasehold quarries at locations around the UK.
Company Profile: Breedon Aggregates
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