Galliford Try has been ordered by the Financial Reporting Council (FRC) to restate its 2018 accounts after an investigation found the company should not have recognised an £80 million claim recoverable from Transport Scotland on the Aberdeen Western Peripheral Route (AWPR) contract when it did
Galliford Try enters the New Year with a “high-quality” order book of £3.2 billion and a new-look which makes the firm “strongly positioned for future growth”, the company’s new chief executive said today.
Bovis Homes has completed the acquisition of Galliford Try’s housebuilding arm, creating one of the UK’s top five home building groups. The sale of Linden Homes and Galliford Try Partnerships was achieved in a transaction valued at approximately £1.1 billion, including shares, debt
Bovis Homes has agreed a share and cash deal for Galliford Try's housebuilding arm that values the business at £1.075 billion, creating one of the UK's top five home building groups. The deal to acquire Linden Homes and Galliford's Partnerships & Regeneration businesses will create a group
Consultants have advised Galliford Try to only expect to recover around £100 million from the Aberdeen Western Peripheral Route (AWPR) project, the firm revealed today as it reported a £61.5m operating loss for the year ended June 30.
Galliford Try has reached a preliminary agreement to sell its house-building interests to Bovis Homes for £1.075 billion. Under the terms, Bovis will pay a cash element of £300 million for Linden Homes and Galliford Try Partnerships with a further transfer of a £100m private debt p
Galliford Try has completed the restructure of its construction business and is prepared to go to formal dispute resolution with Transport Scotland over a final settlement of the Aberdeen bypass, the firm said today. Outlined by the company earlier this year, the reorganisation saw the firm reduce i
Eighteen companies – including Galliford Try, Severfield, and Screwfix – have been suspended from the Prompt Payment Code for failing to pay suppliers on time, the Chartered Institute of Credit Management (CICM) announced today.
Galliford Try’s move to shed up to 350 jobs as part of a business and management restructure has claimed its most high-profile victim. Infrastructure managing director Nick Salt is leaving the business as part of the group-wide restructure.
Pat Munro (Alness) Ltd is to extend its existing services with the addition of a Major Projects Department after recruiting the majority of the experienced management team from Morrison Infrastructure in Inverness.