Mott MacDonald to acquire Australian civil contractor

Left to right: JN Bentley director Steve Tetlow; Leed chairman of the board Andrew Millar; Mott MacDonald regional managing director for Asia Pacific, New Zealand and Australia Adrian Jones; and Leed managing director Craig Laslett. ( Mott MacDonald)Mott MacDonald, a global employee-owned engineering consultancy, has entered into an agreement to acquire Leed Engineering & Construction, a privately … The post Mott MacDonald to acquire Australian civil contractor appeared first on Inside Construction.

Welsh contractor becomes employee-owned

Contractor Lloyd & Gravell has become an employee ownership trust (EOT) after receiving funding from the Welsh government. The Carmarthenshire-based firm said becoming an EOT will safeguard 60 jobs across the business and secure its future. The reason for the move was to “protect the… The post Welsh contractor becomes employee-owned appeared first on Construction News.

Lindum hands staff £2m windfall from profits

Employee-owned builder shares profits as workforce pockets double payout

Erith lifts turnover as staff bonus pool tops £6.4m since 2017

Employee-owned demolition firm balances growth with margin squeeze

Tighter resi market hits concrete specialist’s bottom line

A “marked reduction of opportunities” in the residential sector contributed to lower revenue and profit at Ground Construction Holdings last year, the employee-owned firm has said. Turnover fell 1.7 per cent from £100.1m to £98.4m year on year, while the group’s pre-tax profit dropped by… The post Tighter resi market hits concrete specialist’s bottom line appeared first on Construction News.