Construction news

• Midgard confirmed on £60m Golden Lane office contract

  29-10-2024 09:06 via constructionenquirer.com
  
  JRL-owned Midgard has been confirmed as main contractor on a major new office job in the City of London.
  The announcement comes as developer Castleforge successfully secured £115m in funding from investment manager Cheyne Capita for the  1 Golden Lane site where the office scheme will be known as UNO.
  The development is a Grade II listed site and was designed by Sidney Smith, the original architect of the Tate Britain. Its heritage features will be retained throughout construction, in
  
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• Phoenix subbies get pay less notices after ISG failure

  29-10-2024 08:44 via constructionenquirer.com
  
  Subcontractors to building services specialist Phoenix ME are being hit with pay less notices in the wake of ISG’s collapse.
  London based Phoenix is a major creditor of ISG with the firm owed £20m by the defunct contractor’s fit-out arm alone.
  Phoenix issued a message to “valued members of our supply chain” last month assuring them that the company was “well prepared to handle the current situation.”But now some of those suppliers have been served with l
  
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• Van Elle buys Scottish specialist Albion Drilling for £3.5m

  29-10-2024 08:40 via constructionenquirer.com
  
  Ground engineering contractor Van Elle has acquired Scottish piling and drilling specialist Albion Drilling for up to £3.5m.
  Based in Stirling, Albion brings a strong track record of delivering complex infrastructure projects across Scotland.
  Van Elle said Albion was a strategically aligned bolt-on acquisition that expanded its presence both geographically and in expertise in quarry and close-proximity blasting, marine drilling, ground stabilisation and rock anchoring.Albion managing direc
  
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• French PM and cost consultant Artelia buys Pick Everard

  29-10-2024 08:11 via constructionenquirer.com
  
  French project management and cost consultant Artelia has bought long-established UK multi-disciplinary consultant Pick Everard.
  The takeover of Pick Everad, which employs over 700 staff, will take Artelia’s UK workforce to almost 1,000 staff following smaller acquisition of Birmingham’s Austin Newport Group in 2020, and Suffolk-based Castons last March.
  For £70m turnover Pick Everard joining Artelia presents the opportunity to expand into new activities and markets.The Artelia
  
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