Kier

Kier’s up-for-sale residential business lost £89m in its last financial year, new accounts have revealed. Kier Living reported a pre-tax loss of £89.4m for the year ending 30 June 2020. The bulk of the loss was caused by a £50m loan to another residential business, Kier Caledonia Homes, being written…

ISG topped December’s contract league table after it landed the lead role on what is set to be the UK’s largest battery factory. The firm was named as the main contractor on the car battery facility in Northumberland for Britishvolt in mid-December. The factory will be built on a 95-ha…

Balfour Beatty, Kier and Morgan Sindall are among the winners on a £10.5bn NHS Shared Business Services framework. The major new framework is divided into five lots and covers all types of building and construction work, design, alteration and refurbishment. It is open for use by the NHS and all…

McNicholas Construction Services has become the last Kier company to be readmitted to the prompt payment code (PPC). In November 2019, five Kier businesses including McNicholas were suspended from the code for failing to pay 95 per cent of invoices within 60 days. Since then, the other four Kier-owned firms…

Kier has appointed a Bouygues UK managing director to help it push for growth in the Midlands and to take responsibility for performance excellence of its construction business nationwide. Chris Stevens, a chartered civil engineer who sits on Bouygues UK’s board, has been with the firm since it acquired Warings…

Private equity company Terra Firma has reportedly revived talks about the purchase of Kier’s housebuilding arm, Kier Living, according to Sky News. Terra Firma chairman and founder Guy Hands has renewed talks over the acquisition with Kier’s advisers, a year on from the initial discussions, the TV outlet reported. Last…

Kier and Wates are among the firms appointed on a new £620m framework for Camden Council. The four-year construction works framework is split across seven lots, covering new building work, upgrades and repairs. Wates, Mulalley and Engie each secured places on four lots. Vinci, Kier, Durkan and AD Construction all…

Kier has won a contract to deliver a £106m mixed-use project in Marylebone, central London. Developer Concord London has appointed the contractor to build Marylebone Square, a nine-storey building comprising five floors of residential space above a ground floor featuring retail, restaurant and community facilities. A three-storey basement will also…

Kier has been appointed to deliver a reinforced-concrete structure at Sellafield, as part of the nuclear power station’s decommissioning programme. It has landed the work through the station’s Programme and Project Partners model, a scheme that includes four other companies as long-term partners for work worth up to £7bn. Kier…

Four firms, including a joint venture, have won contracts to deliver £1.42bn worth of maintenance work with Transport for London. A Tarmac/Kier joint venture, FM Conway and Ringway were named as winners on TfL’s new London Highway Maintenance and Projects Frameworks (LHMPFs). The contracts cover TfL’s ‘red routes’ – the…