Mergers and Acquisitions in UK Construction Industry | Construction News

M Group Services acquires 1,500-staff firm

Will Ing — Tue, 05 Nov 2024 11:06:29 +0000

M Group Services has acquired a technical engineering solutions business with more than 1,500 staff. The infrastructure services group has paid an undisclosed sum for BGEN, a Warrington-headquartered company that specialises in building services in sectors including water, pharmaceuticals, industrial and energy. BGEN made a…

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Acquisitions ramp up with flurry of activity

Charlotte Banks — Wed, 30 Oct 2024 12:55:34 +0000

Merger and acquisition (M&A) activity in the construction sector intensified before today's Budget, with multiple deals announced. These include CN 100 firms, a Nordic cladding group and an AIM-listed housebuilding specialist. One expert told Construction News that he believed "100 per cent" that the flurry…

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Vinci Construction to acquire FM Conway

Joshua Stein — Wed, 30 Oct 2024 10:29:52 +0000

Vinci Construction is to acquire infrastructure services business FM Conway, one of the biggest family-owned firms in the construction industry. Highways specialist FM Conway will be bought for an undisclosed sum after it signed a share purchase agreement with Vinci’s UK construction business this week.…

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Van Elle swoops to acquire Scottish specialist for £3.5m

Kerry Lorimer — Tue, 29 Oct 2024 12:18:53 +0000

Ground engineering contractor Van Elle has acquired Scottish piling and drilling specialist Albion in a deal worth up to £3.5m. London Stock Exchange-listed Van Elle said the acquisition, announced today, would strengthen its presence in Scotland and extend the group’s technical capabilities. The purchase of…

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External insulation supplier snapped up by multinational giant

Ian Weinfass — Tue, 29 Oct 2024 10:28:04 +0000

Denmark-based multinational Rockwool Group has announced the acquisition of Wigan-headquartered external insulation manufacturer Wetherby Building Systems. The supplier will be renamed Wetherby Wall Systems under what Rockwool Group chief executive Jes Munk Hansen said was part of the group’s expansion in the UK market. “This…

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OCU Group swoops to buy drilling firm

Chris Smith — Thu, 24 Oct 2024 10:32:38 +0000

A drilling firm has become the latest acquisition for utilities specialist OCU Group. The private equity-backed group acquired Peter McCormack & Sons, which specialises in trenchless technology solutions, for an undisclosed sum, OCU said when announcing the deal this morning (24 October). OCU chief executive…

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Construction M&A: are we seeing a revival?

Contributor — Mon, 21 Oct 2024 09:06:05 +0000

Sinead Cuthill is an associate and Dan Coppel is a partner at Faegre Drinker Biddle & Reath Merger and acquisition activity in the UK construction sector has declined from its peak in 2022, frustrating would-be buyers and sellers, as well as the bankers, brokers, lawyers…

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John F Hunt becomes employee-owned

Ian Weinfass — Fri, 18 Oct 2024 11:00:20 +0000

Demolition specialist John F Hunt Group has announced its sale to an employee-ownership trust (EOT). Equity in 19 of the group’s 21 companies is to be transferred to the new trust. Morris Machinery and generator supplier John F Hunt Power are excluded from the deal.…

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Barratt-Redrow merger gets green light

Joshua Stein — Mon, 07 Oct 2024 11:52:06 +0000

A £2.5bn merger between homebuilders Barratt and Redrow has got the go-ahead from regulators. Barratt initially agreed a deal to buy Redrow in February, arguing that the merger would enable them to make £90m in cost savings and drive supply chain innovation. But the Competition…

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Crest Nicholson ‘minded’ to accept Bellway’s £720m takeover bid

Will Ing — Wed, 10 Jul 2024 14:43:52 +0000

Crest Nicholson looks set to merge with Bellway in a £720m takeover deal, after its management backed the latest proposal. The merger between Crest and Bellway, which have turnovers of £780m and £1.25bn respectively, would create further consolidation in the housebuilding sector - with two…

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