Carillion Demise

Carillion contractor enters compulsory liquidation 20,000 employees affected and contracts for HS2, NHS, armed forces and thousands of supply chain companies and their workers,

Carillion was created in July 1999, by a demerger from Tarmac, which was founded in 1903; the new company included the former Tarmac Construction contracting business and Tarmac Professional Services.

In September 2001, Carillion acquired the 51% of GT Rail Maintenance it did not already own, thereby creating Carillion Rail.[4] In August 2002, Carillion bought Citex Management Services for £11.5 million[5] and, in March 2005, it acquired Planned Maintenance Group for circa £40 million.[6] After that, in February 2006, Carillion went on to acquire Mowlem, another United Kingdom support services firm, for circa £350 million[7] and in February 2008, it acquired Alfred McAlpine, yet another United Kingdom support services firm, for £572 million Then, in October 2008, Carillion bought Van Bots Construction in Canada for £14.3 million.

In April 2011, Carillion bought Eaga, an energy efficiency business, for £306 million,[10] and in December 2012, it acquired a 49% interest in The Bouchier Group, a company providing services in the Athabasca oil sands area, for £24m.[Then, in October 2013, the company bought the facilities management business of John Laing.

In August 2014, the company spent several weeks attempting a merger with rival Balfour Beatty. Three offers were made; the last bid, which valued Balfour Beatty at £2.1 billion, was unanimously rejected by the Balfour Beatty board on 19 August 2014. Balfour refused to allow an extension of time for negotiations which could have prompted a fourth bid. Carillion subsequently announced the same day it would no longer pursue a merger with its rival.

In December 2014, Carillion acquired a 60% stake in Rokstad Power Corporation, a Canadian transmission and distribution business, for £33 million.[14] Carillion acquired 100% of the Outland Group, a specialist supplier of camps and catering at remote locations in Canada, in May 2015 and a majority stake in Ask Real Estate, a Manchester based developer, in January 2016.[

In 2009, Carillion was revealed as a subscriber to an illegal construction industry blacklisting body, The Consulting Association (TCA), though its inclusion on the list was mainly due to its previous ownership of Crown House Engineering (acquired by Laing O’Rourke in 2004), and previous use of TCA within Mowlem (acquired by Carillion in 2006). Carillion made two voluntary submissions to the House of Commons’ Scottish Affairs Committee, one in September 2012 and another in March 2013, relating to its involvement with TCA.

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