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

2015-03-25 14:02

Stuart Thomson, public affairs consultant, and Dougal Ainsley, solicitor at Bircham Dyson Bell discuss the changing face of the procurement process

2015-03-25 13:49

Phil Harrison, managing director at Wates Construction discusses if Birmingham could be the next boom town when it comes to construction

2015-03-09 14:18

Is e-learning the solution the construction industry needs to help revolutionise safety and awareness training? Jeremy Melhuish investigates

2015-03-09 14:08

For National Apprentice Week, the CEO of Nylacast, Mussa Mahomed, tells us why he believes apprentices are the future

2015-03-09 13:54

Glen Irwin, MEP & sustainability manager at Stepnell looks at the factors influencing the lack of progress in the retrofit industry

2015-02-24 13:16

The construction industry’s reluctance to use digital technology is retrogressive and unrealistic… but things are starting to change, says Benjamin Dyer of Powered Now

2015-02-24 13:13

Tracey Jackson from Howells Patent Glazing says the firm is aiming high when it comes to the year ahead

2015-02-11 12:54

Gillian Econopouly, head of policy and research at CITB believes more still needs to be done to address the skills shortage

Free E-newsletter Sign-Up

Sign up for our free e-newsletter

Looking for a company or service?