Kier Group has reached agreement to acquire infrastructure builder Mouchel for £265 million following months of negotiations. The contractor said the takeover, which is expected to deliver annual cost savings of £10m, will be financed by a £340m fully underwritten rights issue.
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Kier has sold off its fleet and passenger services (FPS) business through a management buy-out funded by Leeds-based private equity investor Endless for £17.9 million in cash. The sale includes the transfer of FPS’ finance lease debt of approximately £32m (as at 30 June 2015).
The Forth Bridge has become Scotland’s sixth UNESCO World Heritage Site. The decision came during a meeting of the UNESCO World Heritage Committee in Bonn. The bid to have the bridge recognised was put forward by the UK government following a joint project with the Scottish Government, partnering
Glasgow-based construction and civil engineering firm RJ McLeod has delivered a "healthy" profits rise following a significant leap in turnover in its latest financial year - despite conditions remaining tough in its core markets. The company, which works on road, infrastructure, marine, waste and p
The progress of Scotland’s most exciting construction project is to be streamed live over the internet.
Fife Council has reaffirmed its commitment to a new Madras College at Pipeland and given an assurance that work will begin as soon as the legal go ahead is given. Work on the new school project has stopped as the council awaits the outcome of a full appeal hearing.
Construction of a new Madras College in St Andrews has been delayed until next year at the earliest after an appeal to the Court of Session. A petition raised by St Andrews Environmental Protection Association Limited (Stepal), which questioned the legality of the decision to grant permission for th
BAM is inviting local contractors and suppliers to breakfast on 14 August, so that they can find out about opportunities to work on the prestigious V&A at Dundee Museum. The BAM team will be joined by some of the main subcontractors already working on site. “We want to meet local businesses in
Kier Group has been retained by public sector owned built environment specialist Scape Group as the sole contractor to deliver up to £1.5 billion of construction and maintenance work over the next four years. Scape Group is a local authority owned built environment specialist offering a full suite
The Forth Rail Bridge has today been named the nation’s favourite example of Scottish engineering. A survey commissioned by the Low Carbon Infrastructure Task Force, to mark the launch of the search for Scotland’s low carbon infrastructure icons of the future, saw the Forth Rail Bridge gain 49 p
Small and medium size businesses (SMEs) in the Glasgow and Clyde Valley area can find out for free how they might share in over a billion pounds worth of investment being delivered through the City Deal.
Power supplier SSE has won Ofgem backing to design less intrusive electricity pylons for mountainous areas following complaints that new grid lines through the Highlands are unsightly and harmful for the environment. The BBC reports that another Scots company has won £13 million funding in the same
Twenty new flats for elderly and disabled residents in Clydebank have been given the go ahead. The proposal to build two blocks of four-storey flats, which will be linked by a central glazed lobby, was granted planning permission on Wednesday.
Work has begun on the £4.29 million refurbishment of Kilmacolm Primary and Nursery School in Inverclyde. Designed by Elder and Cannon Architects and carried out by main contractor CBC Ltd, the project is the latest in Inverclyde Council’s unprecedented £270m Schools Estate programme delivering n
Developers are to invest around £200 million in a string of high-profile projects across Dumfries. The investment on the Crichton estate is being made by Jansons Property in partnership with the Crichton Trust and could create hundreds of jobs.


