Renew buys onshore wind firm for £50mRenew has bought onshore wind turbine maintenance specialist Full Circle for £50.5m.
Paul Scott, Chief Executive Officer of Renew, said: “The acquisition of Full Circle represents an exciting opportunity for the group to enter a high-growth, and fragmented onshore wind services market.
“Full Circle operates a scalable technology-enabled platform across a…
Civils work fuels fastest output rise in two-and-a half yearsConstruction buyers reported the fastest growth for nearly two-and-half years in industry activity in September.
The bellwether S&P Global UK Construction Purchasing Managers’ Index posted 57.2 in September, up from 53.6 in August and above the neutral 50.0 threshold for the seventh successive month.
The latest reading signalled a…
Renew sells Walter Lilly building armInfrastructure specialist Renew has sold its specialist building arm Walter Lilly.
Walter Lilly has been in business since 1924 working on building jobs across London and the South East.
It was acquired by Y.J.Lovell in 1955 which was renamed Renew in 2006 with a focus on engineering services.
The sale sees Walter Lilly offloaded to specialist luxury…
Work to start on Teesside and Merseyside carbon capture schemesThe government has pledged nearly £22bn for projects to capture and store carbon emissions from energy, industry and boost hydrogen production over 25 years.
The funding commitment will kick-start two carbon capture cluster schemes on Merseyside and Teesside, promising to create thousands on construction jobs in the North
The highly…
Flagship £200m London Premier Inn scheme approvedWhitbread has got the green light for a flagship Premier Inn scheme near Trafalgar Square on the Strand.
The near 700-bedroom hub by Premier Inn hotel, which will be one of London’s largest budget hotels when it opens, will start construction next year.
The consented 16,000 sq m hotel at 5 Strand will be set over 13 storeys fronting onto t…
HS2 trial to replace cement with baked clayThe HS2 Skanska Costain STRABAG joint venture has secured extra funding to trial repurposed London Clay as a low carbon alternative to cement.
The JV is working with Arup, Tarmac, the University of Leeds and Sika UK along with Expedition Engineering and the Mineral Product Association on the trial funded by Innovate UK to help accelerate t…
Kilnbridge appoints new construction directorEast London-based concrete specialist Kilnbridge has appointed Darren Wickins as construction director.
Wickins joins to head up the cut and carve, structural modifications and repurposing business after a successful career spanning over 25 years with demolition and concrete specialists Keltbray, McGee and Aspect.
His appointment comes at a time when…
Subcontractors wanted across the South WestSubcontractors and suppliers across the South West can discover work opportunities with major contractors and clients at the latest Constructionline networking event.
The Marketplace Live event will be held in Bristol on October 16 at Ashton Gate Stadium.
Firms looking for suppliers will include Amey, City & Country Group, Galliford Try, Kier and…
Galliford Try profits and revenue surgeGalliford Try has delivered strong growth and profits in the year to June after a surge in previously delayed building jobs and a strong flow of water infrastructure spending.
Pre-exceptional pre-tax profits jumped 40% to £33m on turnover rising 27% to £1.77bn.
The improvement helped group operating margin edge up to 2.5% as the firm remained selectiv…
London RC frame specialist goes underNorth London based groundworks and concrete specialist Bela Structures has fallen into administration.
The firm was set up over eight years ago and operated throughout London on mainly mid-rise residential projects with a total workforce of around a 100 at peak.
Bela also carried out demolition and basement works.
In recent years as cost inflation hit, t…