Construction news

• M Group sold to new private equity group

  27-06-2024 15:17 via constructionenquirer.com
  
  Infrastructure contractor M Group is being sold to another private equity firm after six years of strong growth.
  Existing owner PAI Partners will sell the business, formerly called Morrison Utility Services, to CVC Fund IX in a deal expected to complete this autumn.
  CVC said it aimed to work closely with M Group Services’ management team to accelerate its organic growth, complemented by further strategic acquisitions.
  Under PAI’s ownership M Group’s revenues rose from £1b
  
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• Concrete delivery driver electrocuted on site

  27-06-2024 13:02 via constructionenquirer.com
  
  A Berkshire contractor has been fined £30,000 after a father-of-four was electrocuted.
  Levi Alleyne – known as ‘Chunky’ – lost his life while delivering crushed concrete at a construction site in Reading, on 16 November 2020.
  Alleyne, 41, was killed after the crane arm of his lorry came into close contact with an overhead power line.An HSE investigation found principal contractor BBM ordered the delivery and chose the area where the crushed concrete would be deliver
  
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• Balfour Beatty names next construction chief

  27-06-2024 09:22 via constructionenquirer.com
  
  Balfour Beatty has hired Alstom Transportation’s UK managing director Nick Crossfield to become new chief executive of UK Construction operations.
  Crossfield, a mechanical engineer, will join later this year and be responsible for the strategic leadership of the UK construction business, reporting directly to group chief executive Leo Quinn.
  He fills the vacancy created when Mark Bullock stepped down at the end of last year after three years in the job.
  Crossfield brings over 40 years&rsqu
  
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• Ballymore’s Stratford Waterfront resi towers approved

  27-06-2024 09:11 via constructionenquirer.com
  
  London Legacy Development Corporation and Ballymore have secured detailed planning for 700 flats in a quartet of towers next to the new V&A East Museum building on Stratford Waterfront in East London.
  Designed by Howells alongside O’Donnell+Tuomey and LDA Design, the family of four blocks of flats will rise to 27 storeys.
  Set within Queen Elizabeth Olympic Park, the plans also include commercial space at ground level, as well as over 4,000 sq m of public open space that will prioritise
  
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• Fit-out and refurb contractor Pexhurst tops £50m turnover

  27-06-2024 08:59 via constructionenquirer.com
  
  Hertfordshire based fit-out and refurbishment contractor Pexhurst enjoyed a surge of work last year sending turnover up 44%.
  Latest results for the year to January 31 2024 show turnover up to £50.2m from £36.4m last time while pre-tax profit increased to £3.4m from £1m.
  Pexhurst takes on a wide range of project values from small and niche through to large-scale £10m logistics refurbishment schemes.The firm is anticipating further growth across the industrial, commer
  
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• Olgivie wins Edinburgh offices-to-hotel job

  27-06-2024 08:08 via constructionenquirer.com
  
  Developer S Harrison has given Ogilvie Construction the go-ahead work on the conversion of a 1970s office block into a new 157-bedroom hotel in the Haymarket area of Edinburgh.
  Following part demolition of the existing Osborne House building, two new accommodation wings will be built to the rear, together with a new storey above the existing building.
  Late last year, S Harrison announced a deal with European hotel group Meininger Hotels to operate the hotel, which is set to open in spring 2
  
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• Prep works to begin for £49m Howden Relief Road

  27-06-2024 00:49 via constructionenquirer.com
  
  Preparation works are to begin for a planned £49m scheme to create a bypass for Howden in the East Riding of Yorkshire.
  Preparation works for the 1.2km Howden Relief Road which will link the A614 Thorpe Road with Station Road will get underway next month with local Hull firm PBS Construction understood to be carrying out the work.
  This will pave the way for full construction work to start in January 2025, with construction taking around 29 months.The scheme was approved as part of proposa
  
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