Finance News – Page 306
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Rinker OKs Cemex
Australian materials giant Rinker’s board has recommended a $14.2bn (£7.2bn) takeover offer from Cemex.
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Knowles shake-up
Construction claims consultant Knowles has appointed David Gainsbury director, Simon McKenny managing director and Geraldine Fleming executive director.
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Scanmoor collapses after over-expansion
The Scanmoor Group has dramatically collapsed after 12 years of rapid expansion.
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ESD bought by carbon credits firm
Energy for Sustainable Development has been bought for £10m by AIM-listed Camco International
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Roger Bullivant buys Amec concrete business
Amec has sold its concrete business to specialist contractor Roger Bullivant in the latest stage of its construction business sell-off
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BSS Group completes purchase of BuckHickman
BSS adds industrial tools to its supplier list after buying BuckHickman from Premier Farnell for £27m
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Balfour Beatty wins £36m Derby PFI
Programme will provide Derby's street lighting and road signs for 25 years
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Wates’ profit trebles on back of reorganisation
Contractor makes £31m after splitting firm into five divisions and concentrating on risk control
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Lorne Stewart boss joins M&E rival Hills
Eddie Molnar becomes managing director in reshuffle at £70m-turnover family firm
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DBK Back buys £3m-turnover consultant
Consultant DBK Back has acquired rival Goyne Adams in a move that means the company will have more than doubled in size since a management buyout 18 months ago.
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M&E giant Emcor suffers 6% drop in profit
M&E giant Emcor has suffered a drop in profit of almost 6% as a result of restructuring costs.
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Berkeley forms joint ventures with Saudi investor
Housebuilder Berkeley Group is forming three joint ventures worth £1bn with its biggest investor, Saudi Arabian Saad Investments, to build up its landbank.
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Connaught buys repair firm
Connaught has bought social housing asset management firm AE Williams for £6.5m.
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Waterman reveals plans to buy Boreham Consulting Engineers
Multi-disciplinary consultant aims to boost transport business by buying Boreham for up to £9.64m
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Amec buys Applied Environmental Research Centre
AERC will join Amec's 3000-strong Earth and Environmental division
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Capita Group buys insurance consultant CMGL for £32m
CMGL will merge with existing London market operations
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Balfour Beatty seals £185m Centex deal
UK contractor increases presence in US as it completes acquisition of Centex Construction