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

2017-01-04 09:35

As pressure mounts to achieve the government’s housebuilding objectives, the effective regeneration of brownfield land is becoming increasingly important. Builder & Engineer takes a look at the challenges of regenerating contaminated land

2016-12-30 09:15

New colour-coded system will see traditional helmet colour head out of site

2016-12-30 09:04

Building Information Modelling – or BIM as it is more commonly known – has become something of a buzz word for the construction sector since the Government launched its Construction 2025 strategy in 2011. Claire Cameron investigates why firms should be embracing the technology

2016-12-19 12:56

Keeping in contact with workers on site can be the difference between life and death. Stephen Westley, director at Global Mobile Communications, explains how the right rugged mobile device can increase productivity and act as a tool for verifying lone worker safety

2016-11-16 10:38

According to the UK Drone Usage Report 2016, the construction sector is one of the top five industry's leading the way in unmanned aerial vehicles (UAVs) with 17 per cent of firms having utilised flying robots to scope out work and monitor projects. Gary Wilson, founding partner of Fluxx engineering, discusses the growth of the digital technology

2016-11-08 10:09

Plant failure can be catastrophic for a business and the down time entails disruption to service and loss of revenue. Jamie Ross-Davies from Ideal Heat Solutions gives his advice.

2016-09-01 10:53

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 09:20

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.

Free E-newsletter Sign-Up

Sign up for our free e-newsletter

Looking for a company or service?