Construction news

• Aston Villa £100m stadium expansion approved

  02-01-2023 22:20 via constructionenquirer.com
  Birmingham City Council has granted planning permission for phase one of Aston Villa FC’s redevelopment and expansion of Villa Park.
  The project will increase the stadium’s capacity to over 50,000, allowing Villa Park to host major international tournaments and enable its return to the world stage.
  The first phase of redevelopment at Villa Park will see the current North Stand demolished in order to add another 7,400 seats, taking the overall capacity to more than over 50,000.There w
  
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• Network Plus plots more acquisitions as sales top £400m

  02-01-2023 10:42 via constructionenquirer.com
  Expanding Manchester-based utility and infrastructure contractor Network Plus saw pre-tax profit surge over the year as it continues to plot further expansion in the sector.
  Latest published accounts for the year to March 2022, reveal pre-tax profit soared to £18.1m from just £1.1m in the prior year.
  A mix of strong organic growth and acquisitions fuelled sales growth with revenue jumping around 70% to £410m.During the year, the group acquired arboriculture and infrastructure v
  
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• Octavius profit rises under new private equity ownership

  02-01-2023 09:47 via constructionenquirer.com
  Private equity-owned civils contractor Octavius Infrastructure has reported improved profits since being hived off from Osborne Group.
  Pre-tax profit for the year to March 2022 jumped just over a quarter to nearly £6m on revenue dipped by 7% to £191m.
  The slide in revenue was largely the result of the completion of some large contracts and the focus on more profitable business following the purchase of Osborne Infrastructure by funds managed by Sullivan Street Partners in September 2
  
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