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

2016-04-29 14:32

With female representation in the UK engineering sector the lowest in Europe more needs to be done to encourage women into the industry. Claire Cameron reports

2016-04-15 15:22

In January, the government announced a £1.2 billion starter home fund to prepare brownfield sites for new homes.

2015-11-18 13:20

Darren Evans, managing director at Darren Evans Assessment believes one way to solve the housing crisis could be right under our noses

2015-11-18 13:14

Paul Daynes, regional director, UK & Northern Europe at Newforma discusses how firms can stay competitive in the skills crisis

2015-11-18 13:00

Why the Government is Wrong to Backtrack on Zero Carbon Homes

2015-08-26 03:47

Andy Monteith, Baker Tilly’s head of construction looks at the difficult topic of bid management, or should that be bid mismanagement?

2015-08-26 03:31

Ian Loughnane business unit director of Kingspan Timber Solutions, discusses how the government needs to fix the foundations after the Scrapping of Zero Carbon Homes

2015-08-26 03:03

At a time when the skills shortage proves to be a big challenge for the industry and young adults are considering the next step in their career, Joanne Holmes asks where are all the girls?

Free E-newsletter Sign-Up

Sign up for our free e-newsletter

Looking for a company or service?