Amey News, Contracts and Projects | Construction News

Amey enters into long-term deal for ‘eco-products’

Ben Vogel — Fri, 21 Jun 2024 11:29:58 +0000

Equipment rental specialist Speedy Hire has signed a long-term agreement with Amey Group Services to provide non-operated plant. The hire and solutions contract is worth up to £25m annually, Cheshire-based Speedy Hire announced yesterday. A company spokesman said the duration of the deal could not…

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Amey profit up despite 17% revenue slide

Ben Vogel — Thu, 13 Jun 2024 11:01:42 +0000

Amey UK saw a dip in turnover last year despite improving its tender success rate, according to the company’s latest annual accounts. Revenue at the transport infrastructure and facilities management contractor, which was ranked fifth in the CN100 2023 table of top contractors by turnover,…

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Amey among six firms to land places on £90m Northern Irish framework

Kerry Lorimer — Thu, 23 May 2024 10:30:39 +0000

Amey, Aecom and WSP are among six contractors to have scooped places on a £90m engineering design framework in Northern Ireland. They join Jacobs, RPS Ireland and AtkinsRealis on the Department for Infrastructure’s (DFI’s) Major Works Planning, Assessment and Delivery Framework. The deal will see…

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Fifteen firms on track for £3.5bn of rail work

Greg Pitcher — Thu, 09 May 2024 14:40:21 +0000

Network Rail has named a raft of big-name contractors on a panel to deliver £3.5bn of infrastructure works in the East of England. The operating body appointed 15 firms including Morgan Sindall, Amey and Bam to its Eastern Routes Partnership (ERP). The framework will deliver…

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Amey fined £533,000 after worker electrocuted

Catrin Picton — Wed, 05 Apr 2023 05:50:49 +0000

Amey Rail Ltd has been fined £533,000 by industry regulator the Office of Rail and Road after a worker was electrocuted. On Christmas Day 2019, Allister Hunt, a self-employed senior linesman for Amey, touched a live contact wire running 25,000 volts and suffered 55 per…

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Amey appoints former Thatcher minister as chairman

Joshua Stein — Wed, 18 Jan 2023 17:00:05 +0000

Amey has named former government minister Lord Colin Moynihan as its new chair. Moynihan, formerly a junior minister for energy, has taken over from Ian Tyler, who leaves the position after more than four years. Moynihan was an energy minister under both Margaret Thatcher and…

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10 companies to watch in 2023

CN Staff — Fri, 06 Jan 2023 06:50:52 +0000

From private equity-backed contractors to council developers and a firm that saw its public listing set back a few steps in 2022, Keith Cooper reveals CN’s companies to watch in 2023 Altrad Altrad’s mission to expand stepped up a gear in 2022 – and it…

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Private equity firms complete Amey purchase

Ben Vogel — Wed, 04 Jan 2023 06:42:45 +0000

The sale of Amey to a pair of private equity firms has been completed, with updated financial results showing the relevant operations making a profit of £82m in 2021.  US-based One Equity Partners and the UK’s Buckthorn Partners announced on 30 December that they paid…

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Former Amey CEO to return to firm

Joshua Stein — Fri, 09 Dec 2022 17:11:42 +0000

Andy Milner will return to Amey as chief executive, three years after he left the job. Milner will lead the firm under its new ownership, after private equity firms Buckthorn and One Equity Partners (OEP) bought Amey from Ferrovial for £400m in October. A statement…

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Amey sale: management faces tough task, analyst warns

Ian Weinfass — Wed, 12 Oct 2022 12:16:15 +0000

Amey’s new owner faces a major challenge to achieve the kinds of returns it would like from the company, an expert has warned. Current owner Ferrovial announced yesterday it had reached an agreement to sell its stake in the contractor, aside from its waste treatment…

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