News

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. FM Conway said in a…

The government has been warned that homes built under its plans to encourage greybelt development will be a “drop in the ocean” compared with the numbers needed to address chronic housing shortages. Wrangles over the definition of greybelt land – parts of the green belt including wastelands and disused car…

Plans to redevelop the historic George Hotel in Huddersfield are set to go ahead despite the cost of the project spiralling by almost 50 per cent over the past two years. The restoration of the Grade II-listed building, known as the birthplace of rugby league, is a key part of…

Some 15,000 workers who hold Industry Accreditation (IA) have not yet switched to different cards, Construction News can reveal. IA cards, also known as grandfather rights, are Construction Skills Certification Scheme (CSCS) cards gained through employer recommendation. It was announced in March 2019 that the cards would be withdrawn at…

A contractor has lost a court case in which it claimed it was not contractually responsible for completing technical designs on a dairy scheme. The court found in favour of client Workman Properties Ltd (WPL) in a case that sought to clarify the design obligations under a construction contract with…

Clancy chief executive Matt Cannon has credited his firm’s focus on client and supplier relationships for its record revenue and profit. “As a private, family-owned business we’re absolutely not focused on top-line revenue growth,” he told Construction News. “We’re focused on delivering for our clients and making sure we work…

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 Albion follows Van Elle’s acquisition…

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 acquisition underlines Rockwool’s commitment to…

Record turnover last year helped civils contractor Colas Rail boost its pre-tax profit by almost 60 per cent. Annual revenue rose by 10 per cent on 2022 to reach an all-time high of £403.7m, the firm announced in its accounts for the 2023 calendar year. This generated a pre-tax profit…

Administrators have estimated ISG's fit out business owes £111.4m to the supply chain, bringing the total across the firm to more than £301m. Companies House today (28 October) published a statement of affairs relating to ISG Fit Out Ltd – the final of the six ISG subsidiaries which went into…