Kier Group
Contractor and house builder
1992 Management buyout from Hanson of its UK construction businesses, after the management had approached Hanson with an offer; the new construction business would be known as Kier Group. Many of the employees became owners of shares in the business. The company consisted of French Kier, Kier Construction, Marriott, Moss Construction, Wallis, all ex-Beazer, as well as Dudley Coles, once part of ARC.[1]
1994 The group diversified into facilities management and building maintenance with the acquisition of Caxton Facilities Management of Cardiff.
Acquired house builders Twigden plc
1996 Acquired Miller Homes (Southern) based in Surrey from Miller Group[2]
1996 Floated on the London Stock Exchange, soon becoming a FTSE250 company.
1998 Acquired south of England housebuilder Bellwinch Homes[3]
c.2000 The Group was involved in some of the UK's major construction projects and initiatives, including the Channel Tunnel Rail Link (CTRL), the UK’s first high speed railway line.
2001 Acquired east of England house builder Allison Homes (trading as Swallow Homes)[4]
2002 Kier Developments, a JV with Bank of Scotland, acquired John Laing's property development business[5]
2002 Announced move into support services but would not increase its PFI activity because of the high cost of bidding[6]
Kier completed the construction of Hairmyres Hospital in East Kilbride, the UK's first hospital to be funded via Private Finance Initiative (PFI) but sold its share some years later.
2010 Received two major Crossrail contracts.
2014 Acquired May Gurney, thereby strengthening the Services division.
2015 Acquired Mouchel, the international infrastructure and business services group, making Kier a leader in the growing UK highways maintenance and management market.
Awarded a 15-year contract for repair and maintenance services by Highways England.
2017 Acquired leading infrastructure services provider McNicholas, strengthening the position in the utilities and infrastructure services sectors.
See Also
Sources of Information
- [1] Kier Group