Construction news

• New CEO at Etag

  04-09-2023 23:34 via constructionenquirer.com
  
  Etag has confirmed the appointment of Tony Taylor as CEO of Etag Fixings UK & Ireland.
  Taylor has had a successful career within the construction industry over the last 20 years, mainly within Saint Gobain Building Distribution where he held several roles, most recently being Managing Director of their Local Merchant group in the UK.
  His appointment follows the retirement of Shirley Bowman as MD.
  Taylor said: “I feel extremely privileged to be taking up the role of CEO for Etag, the bu
  
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• Kier swoops as Buckingham Group enters administration

  04-09-2023 18:06 via constructionenquirer.com
  
  Buckingham Group Contracting has formally entered administration triggering the break-up of the £700m turnover employee-owned business.
  Administrators from Grant Thornton immediately struck a deal with Kier to buy the rail assets and Buckingham’s HS2 contract for £9.6m.
  The deal saves around 180 Buckingham staff jobs who will now transfer over to become part of the Kier Transportation business.
  At the same time administrators axed 446 staff after they failed to find buyers for
  
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• Kier buys Buckingham Group rail business for £9.6m

  04-09-2023 18:06 via constructionenquirer.com
  
  Kier has struck a deal with the administrators of Buckingham Group Contracting to buy all its rail assets.
  The £9.6m cash deal also includes the rail division’s HS2 contract to supply Kier’s joint venture on the project, EKFB.
  Around 180 staff from Buckingham will now transfer over to become part of the Kier Transportation business, which designs, builds and maintains infrastructure for the highways, rail, aviation and ports sectors.Andrew Davies, chief executive, said: &l
  
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• Government rail chief joins Arup

  04-09-2023 17:01 via constructionenquirer.com
  
  Consultant Arup has appointed David Hughes as Major Programmes Director with a focus on supporting and accelerating the firm’s delivery of significant national infrastructure programmes.
  Hughes joins from the Department for Transport (DfT) where he led the DfT’s portfolio of major rail investment projects.
  In his previous role as Director of Investment Delivery Planning at Transport for London, Hughes held senior leadership roles on projects including Crossrail, the Northern Line Ext
  
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• Osborne maintenance arm sold to expanding Cardo Group

  04-09-2023 14:59 via constructionenquirer.com
  
  Expanding investor-backed housing maintenance specialist Cardo Group has secured its second major acquisition as it seeks to build a nationwide operation.
  The firm has swooped to buy south-east based Osborne Property Services Limited (OPSL), formed by Geoffrey Osborne Group in 2006.
  OPSL revenue reached over £30m in last published accounts and employs over 230 staff.
  The latest deal comes four months after Cardo Group was established through the purchase of £21m turnover Welsh s
  
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• Blenheim House wins job for extra floors on London city office

  04-09-2023 09:11 via constructionenquirer.com
  
  Barings has secured planning consent to add an additional two floors to an office block in the City of London as part of full building overhaul.
  Surrey-based contractor Blenheim House Construction has been awarded the main construction contract for 25 Moorgate and the new upper floor terraces
  Barings acquired the building for £71m in March 2022.Architects Morrow + Lorraine’s design for the 80,000 sq ft building will target BREEAM Outstanding certification, an EPC A rating, WiredScor
  
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• Construction faces longer and deeper slowdown

  04-09-2023 09:05 via constructionenquirer.com
  
  Consultant Arcadis is warning that construction now faces a longer and deeper slowdown than initially expected.
  The firm is more downbeat about prospects for construction predicting that the expected 2024 recovery will be delayed.
  Arcadis has downgraded its outlook because of the Government’s high interest rate policy, the growing cost of debt and an emerging slowdown in public project delivery.
  In its latest Autumn report, Arcadis said sands appear to be shifting across the construction l
  
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• Building boss ordered to pay back £50,000 covid loan

  04-09-2023 09:01 via constructionenquirer.com
  
  A construction boss has become the first person hit with a compensation order secured by the Insolvency Service in court to repay a fraudulent covid loan.
  Marian Ghimpu, 58, from Croydon has also been disqualified from being a director for 13 years and ordered to repay over £50,000 to the public purse.
  The compensation order is the result of abuse of the Bounce Back Loan scheme by Ghimpu during the pandemic.In October 2020, he took out the maximum £50,000 available despite his compan
  
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• Subcontractors wanted for sites across Cardiff

  04-09-2023 08:39 via constructionenquirer.com
  
  Constructionline is holding its latest Meet the Buyer event in Cardiff this week.
  Subcontractors and suppliers will get the chance to pitch for work from some of the biggest buyers in the region.
  Among the major player confirmed to attend are Kier, BAM Construction UK, Alun Griffiths and Bouygues UK.The event will take place on Wednesday September 6 at Cardiff City Stadium from 8:30-14:00.
  Tickets are available to Constructionline members, and you can register here to attend.
  
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• Spencer Group appoints MD for rail

  04-09-2023 08:30 via constructionenquirer.com
  
  Spencer Group has appointed Network Rail director Mike Halliday as managing director for its rail division.
  Halliday is returning to the firm he first joined in 1996 where over the course of 11 years, he helped to grow Spencer into a Tier 1 contractor and was made a main board director.
  Halliday joins the multi-disciplinary engineering specialist from Network Rail, where he has served as a route delivery director for the last six years. Before that, he was rail director at rival Story Contractin
  
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• Mitie buys engineering and fit-out contractor for £31.5m

  04-09-2023 08:29 via constructionenquirer.com
  
  Mitie Group is returning to new build contracting after buying Stevenage engineering and fit-out contractor JCA Engineering for up to £31.5m.
  Based in Stevenage, JCA turned over £72m last year delivering a pre-tax profit of just over £5m with around £19m cash at bank. It employs 200 staff.
  JCA brings 20 years of experience in delivering complex engineering projects across the UK, specialising in consulting, design, build and maintenance, with a particular focus on critica
  
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• Jobs to go as Costain winds down tech centre

  04-09-2023 08:15 via constructionenquirer.com
  
  Costain is looking to make around 25 staff redundant as a restructure of its digital operations sees its technology centre in Somerset wound-down.
  The contractor opened the new technology centre in Worle in 2019 with a £3.5m investment and plans to employ 150 people.
  Sources told the Enquirer that numbers have been pared back at the centre over the last few years with the latest round of job cuts imminent.One said: “Once this round of redundancies takes place there won’t be a l
  
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