Kier has revealed that it is in talks with a potential buyer for its mining operations at Greenburn in Scotland. In a trading update this morning, the group said the move is part of its “ongoing approach to capital discipline” and follows “significant year-on-year organic growth” in its cons
Kier Group
Brian McQuade Figures from the construction industry have remained upbeat regarding the sector’s future despite statistics pointing to a downturn in output.
Kier Group has completed its £265 million acquisition of infrastructure consultant Mouchel. In a statement issued this morning, Kier said “the rationale for the acquisition is compelling” and represents “an excellent opportunity to accelerate Kier's plans for growth in the infrastructure sect
Grace McFarlane (4 years) and Gregor Boyd (5 years) looking at the plans for the new school campus A £12 million project to bring three East Kilbride establishments together under one roof on a purpose-built campus began in earnest yesterday.
Kier Group has raised almost £312m from a share rights issue to help fund the acquisition of infrastructure consultant Mouchel. Nearly 92 per cent of the underwritten rights issue shares on offer were taken up raising £311m, with investment banks J.P. Morgan Securities and Numis Securities taking
Alex Neil A project to build a new community centre at the heart of Cumbernauld has been hailed as a success of the Regeneration Capital Grant Fund (RCGF), which has opened for new applications.
A group of young apprentices are to play a key role in a state-of-the-art new school campus development in the Garnock Valley. The new £40 million joint school, community and leisure campus will serve the Garnock Valley’s three main towns - Kilbirnie, Beith and Dalry - and bring together pupils w
hub South West Scotland has announced the reaching of financial close on the £36 million Garnock Campus Project in Ayrshire. The campus, which will relocate and merge Garnock Academy and Glengarnock Primary school on a greenfield site in Glengarnock, will cater for 1,500 students – 1,200 secondar
Visualisation of how the new development will look on completion in Autumn 2016 A project to create much-needed, bespoke accommodation for nearly 200 students at a site close to the University of Aberdeen began with a ground-breaking ceremony yesterday.
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.
Staff at Kier Inverness office with Lord Provost Alex Graham and Danny Alexander MP Kier Construction has demonstrated its commitment to the Highlands by opening an office in Inverness to capitalise on the growing number of contracts it is winning across the region.
(left to right) Brian McQuade, Kier Construction managing director; Stephen Parker, Kier Construction; Michael McBrearty, chief executive, hub South West; Provost Joan Sturgeon; Kenneth Gibson MSP; Cllr Anthony Gurney; Ryan Broadley, Kier Construction Work has begun on the creation of a £36 million
Work to repair Dumfries and Galloway Council’s flagship leisure centre will not start until autumn this year and take 18 months to complete, the local authority has revealed.
Kier Group plc, the parent company of Kier Construction in Scotland, has announced strong half-year results for the six months to 31 December 2014. Group turnover increased by 11 per cent from £1,432 million in 2013 to £1,583m, while pre-tax profits slipped down 2 per cent from £36.8m to £35.9m.
Output in the construction industry has been estimated to have increased by 7.4 per cent last year when compared to 2013, according to the latest figures. Data for the fourth quarter of last year from the Office for National Statistics revealed that all work types recorded increases except infrastru