Kier completes May Gurney takeover

Kier has completed the takeover of support services provider May Gurney.

The deal, which was completed today (8 July), sees 6,000 May Gurney employees join the 10,000-strong Kier Group team.

The newly expanded construction, services and property business is now set to provide one of the largest and most comprehensive services offerings in the UK.

Like Kier, May Gurney provides nationwide coverage which complements Kier’s existing market presence in the services, construction, property and housing sectors.

Recent weeks have seen Kier working closely with May Gurney to ensure a smooth and effective integration of the two businesses with particular emphasis on uninterrupted service delivery.

Kier Group chief executive Paul Sheffield said: “We are delighted that our bid for May Gurney is now complete. This gives us a services division that not only has a greater scale, but which has added significant highways maintenance experience, a broader utilities offering and a greater spread of environmental services.

“Our decision to acquire May Gurney represented a fundamental part of the group strategy to significantly grow and diversify our services business, not only giving us a greater critical mass in this sector but also a more complete offering to a wider range of customers. Now we are better placed in the market to deliver more to existing and new customers.

“Importantly, May Gurney and Kier share similar values which will go a long way towards the successful integration of both businesses. I would like to take this opportunity to welcome our new employees and trust they will enjoy playing a part in the future success of Kier Group.”

Related Posts

 
Comments

No comments yet.