Kier buys Stewart Milne construction operations

Kier has acquired certain construction operations of Aberdeen-based Stewart Milne for a total cash consideration of £1m paid on completion.

The move will see approximately 20 personnel transfer to Kier, together with contracts in progress valued at approximately £15m and a pipeline of potential future work valued at approximately £20m.

The business will operate from Aberdeen as part of Kier Group's regional network of UK construction businesses, initially using the name Kier Milne.

Kier Group chief executive, Paul Sheffield, commented: "I am delighted that this acquisition has concluded successfully and welcome the Stewart Milne team to Kier. We are keen to grow the business and our new base in Aberdeen should provide further, good opportunities for expansion in Scotland and the North-East."

Your News

If you've got a story that would be of interest to Builder & Engineer readers, send us an email

Features

2016-09-01 11:53

Firms are embracing new methods of construction with a study revealing the majority have used innovative techniques in the last three years. Claire Cameron takes a look at what is on offer

2016-08-03 10:20

In the wake of the vote to leave the EU, the potential impact of Brexit on development needs to be considered, specifically in terms of environmental regulations and State aid, as well as the possible impact on UK infrastructure projects, in particular the proposed Heathrow expansion and Hinkley Point C, says Mark Northey, a partner in the projects team at Ashfords LLP.

2016-07-25 10:35

The UK has an ageing population – effectively, this means that for the first time ever there are more people of pensionable age than children under the age of 16 in this country.

2016-07-05 10:05

Defibrillators located on construction sites can save your life. Rosa Mitchell from independent supplier Defibshop gives her advice.

CONSTRUCTION workers are often faced with a multitude of dangers at work, from the risk of electrical hazards to excavation and trenching accidents.

2016-07-01 10:06

Claire Cameron investigates the topic of daylighting and how the use of windows and rooflights can help bring sunlight into buildings all year round.

WITH increasing energy costs and concerns about global warming, the use of windows and rooflights to bring sunlight indoors is gaining momentum as more people look to natural sources to save money and the environment.

2016-06-28 12:48

Within days of the announcement of the Brexit vote, we’ve seen major construction company stocks crash by almost a quarter, says Chris Ingram, managing director of Cornish-based underfloor heating specialists Continental Underfloor.

2016-06-15 15:36

Commercial vehicles can drive success. Claire Cameron looks at why firms should upgrade and whether it is best to buy or rent a new fleet. With expert advice from David Brennan, CEO of Nexus Vehicle Rental, Dominic Reid of Northgate Vehicle Hire, Gareth Jones of Dawsonrentals Vans and light commercial vehicle industry consultant Tim Cattlin.

2016-06-08 10:21

The UK’s European Union referendum is proving to be a hugely divisive topic with the population split between leaving and staying. A potential Brexit on June 23 could have far-reaching consequences throughout almost every aspect of life from house prices to immigration policies. But what would leaving the EU mean for the construction sector? Those working in the industry give Builder & Engineer magazine their views.

Free E-newsletter Sign-Up

Sign up for our free e-newsletter

Looking for a company or service?