Renew buys specialist power contractor for up to £50m

Renew Holdings has acquired the parent company of power drilling contractor PBU in a deal worth up to £50m. The AIM-listed engineering services group said it has bought Porter Brothers Holdings through its wholly owned subsidiary Excalon Holdings. Renew paid an initial £31.1m in cash,… The post Renew buys specialist power contractor for up to £50m appeared first on Construction News.

BESA chief challenges construction to raise competence standards

The construction industry must match the Building Engineering Services Association’s (BESA’s) competence and compliance standards rather than expect it to lower them, its chief executive has said. Addressing BESA’s annual conference in London on 22 October, David Frise (pictured) expressed frustration that other parts of… The post BESA chief challenges construction to raise competence standards appeared first on Construction News.

Contractors question client knowledge of safety duties in BESA survey

Client understanding of building safety duties and responsibilities remains inconsistent, according to a survey of contractors carried out by industry group, the Building Engineering Services Association (BESA). The post Contractors question client knowledge of safety duties in BESA survey appeared first on Construction Management.

Profit jumps 78% at H&V Engineering Services

H&MV Engineering Services has reported a 78 per cent rise in pre-tax profit as turnover increased by more than a third. The high-voltage electrical contractor, which is majority-owned by London-based private equity firm Exponent, posted a pre-tax profit of £8.7m for the year to 31… The post Profit jumps 78% at H&V Engineering Services appeared first on Construction News.

Gwynedd awards £3.8m structures and coastal maintenance framework

Cyngor Gwynedd has awarded its Gwynedd and Anglesey Structures & Coastal Maintenance Framework 2026, covering the general maintenance of structures and coastal assets, major projects and specialist geotechnical engineering services. The post Gwynedd awards £3.8m structures and coastal maintenance framework appeared first on New Civil Engineer.

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