Commercial News | Latest Construction News - Part 15

Commercial News

Contract Journal provides the latest commercial news related to the construction sector in UK. Commercial News articles will help you know better about the current trends of the construction industry, and also it helps you to track the performance of top companies and what are all the projects trending in the market.

M Group Handed over to new private equity group

M Group Handed over to  new private equity group

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A new chapter is set to begin for M Group Services, previously known as Morrison Utility Services, as current owner PAI Partners prepares to...
Former Crossrail chief Mark Wild appointed to lead HS2

Ray O’Rourke steps down as Laing O’Rourke  chief executive

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Ray O’Rourke is set to step down as group chief executive of Laing O’Rourke, passing the leadership of the company he founded in 1977...
Balfour Beatty secures £192m deal to construct new substations

Balfour Beatty  secures  £192m deal to construct new substations

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The contract, awarded through the GIS2 RIIO T2 framework to which the company was appointed in 2022, marks a significant milestone. Reports Construction Journal Balfour...
https://www.contractjournal.co.uk/vistry-signs-to-build-1750-private-rental-housesin-580m-deal/

consultancy  Firm RSK Group secures £500m for fresh acquisitions spree

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The Cheshire-based group RSK, which employs 15,000 people and operates in 40 countries, has secured investment from a consortium led by Searchlight Capital Partners...
Vistry signs to build 1,750 private rental Housesin £580m deal

Vistry signs to build 1,750  private rental Housesin £580m deal

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A significant development worth £580m is underway, with Blackstone Real Estate and Regis set to own the properties, managed by Leaf Living. The portfolio,...

Morgan Sindall Secures £60m Worth of NHS hospital upgrade Projects

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The tier one contractor’s Essex division has been chosen for six projects under the new ProCure23 framework. Peter Whitmore, managing director for Morgan Sindall Construction...
Former Crossrail chief Mark Wild appointed to lead HS2

Former Crossrail chief Mark Wild appointed to lead HS2

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The former head of the extensive Crossrail project in London, Mark Wild, has been appointed as the new chief executive of HS2. Reports Construction...

National Grid plans £7bn capital raise for big infrastructure upgrade

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National Grid is set to invest approximately £60 billion in its networks, with more than £30 billion dedicated to expanding and upgrading UK infrastructure....
Heidelberg Materials buys aggregates and earthworks specialist B&A

Heidelberg Materialsbuys aggregates and earthworks specialist B&A

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The move follows Heidelberg's recent acquisition of the earthmoving and demolition waste recycling contractor Mick George Group last month. Bristol-based B&A employs a team of...
Shareholders of Barratt and Redrow approve £2.5bn merge of two companies

Shareholders of  Barratt and Redrow approve £2.5bn merge of two companies 

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The proposed merger would create a powerhouse in the house building industry, boasting a turnover of £7.45 billion annually and an impressive delivery of...

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