The sale of Kier Group's housebuilding arm to a newly formed company owned by Terra Firma founder and chairman Guy Hands has now been completed.
Kier Group
Kier Group has kick-started its proposed £241 million equity raise to help tackle its deficit. The share placing, which is fully underwritten by Numis Securities and Peel Hunt, will be the final part of its turnaround strategy.
The executive committee at Kier Group gained two new additions this week with the appointments of Alpna Amar and Sophie Timms. Sophie Timms is promoted to the role of corporate affairs director and will report to chief executive Andrew Davies. She will have responsibility for gov
A two-year turnaround strategy has resulted in materially improved results for Kier Group which now hopes to raise funds to complete the process. Announcing a £9 million pre-tax profit from a £41m loss in the first half to the end of December, Kier said today it returned to reported
Kier Group has agreed to sell its housebuilding arm to a newly formed company owned by Terra Firma founder and chairman Guy Hands.
Kier has held a UK-first trial of a technology to support its strategy delivering net zero carbon emissions. Through its work with procurement partner, Sunbelt Rentals, it is using PUNCH Flybrid flywheel technology on its Shakespeare North site, to assess if the innovation could reduce the energy re
The journey to transform Paisley Museum into a top cultural destination took a major step forward yesterday as Renfrewshire councillors approved the appointment of the contractor to deliver the £23 million main works programme.
In 2019, the UK parliament and Scottish Governments both declared climate emergencies and as a result of the COVID-19 pandemic, there is now a sharp focus on building resilient and sustainable communities. This includes the buildings we construct - from how we design and build them to the comfort of
Renfrewshire councillors will be asked to approve the appointment of Kier Construction as the main works contractor for Paisley Museum.
Health Facilities Scotland has launched Frameworks Scotland 3, for delivery of new build, refurbishment and backlog maintenance projects across NHS Scotland. The Frameworks Scotland 3 model will operate over a five-year period for publicly funded health and social care construction projects. It offe
The Edwardian B-listed former Granton Station, set in the heart of Edinburgh’s planned new sustainable Granton Waterfront district, is to be restored by Kier Construction at a cost of up to £4.75m.
Kier Construction has completed the £15.5million redevelopment of the Wolfson Centre – believed to be the first dedicated biomedical engineering building in the world - for the University of Strathclyde.
Kier Group said today it expects to deliver half-year results slightly above the board's expectations after an improved first half performance. In a trading update for the six months ended 31 December 2020, Kier said there was an improvement in site productivity through the period despite
All Kier entities have now been reinstated as signatories of the Prompt Payment Code (PPC) following the return of McNicholas Construction Services Ltd as a signatory.
East Ayrshire Council has appointed Kier Construction as the preferred contractor for the construction of a new build primary school at Netherthird. The project team and head teacher, Jemma Donnelly will be working closely with Kier Construction over the next few weeks to formalise the delivery prog