Aecom drops main contracting ambitions after four years

By Dave Rogers2019-02-27T06:00:00

Consulting-led firm abandons push into UK contracting sector following strategic review of the business

Aecom is pulling the plug on its main contracting business in the UK less than four years after saying it would be making a major push into the sector.

The firm brought in three former Bovis Lend Lease executives, including the former chief executive of its Europe business, John Spanswick, to help spearhead the initiative back in September 2015.

At the time the firm, which had bought US construction firm Tishman in 2010 for $245m, said its contracting arm would “lead our design and build offering in a targeted manner within the UK commercial and residential market”.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community