Carillion completes acquisition of Rokstad

RNS Number : 7220A

Carillion PLC

24 December 2014

 



24 December 2014

Carillion completes acquisition of leading Canadian power transmission and distribution services business

Further to the announcement on 1 December 2014 that Carillion plc had agreed to acquire a 60 per cent interest in the trade and assets of Rokstad Power Corporation ("Rokstad'), Carillion has now completed this acquisition.  The terms of the acquisition remain unchanged from those announced on 1 December 2014.

Rokstad, which is based in British Columbia, Canada, provides a full range of transmission and distribution power line services, including specialist live-line operations, and will significantly enhance Carillion's skills and prospects for growth in servicing the rapidly expanding electric power transmission and distribution market.

Notes to Editors

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities.  The Group had annual revenue in 2013 of some £4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada. 

The Group has four business segments.

Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.

Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.

Middle East construction services - this includes building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

For more information

Richard Adam, Group Finance Director, Carillion plc                                   + 44 (0) 1902 316360    

John Denning, Director Group Corporate Affairs, Carillion plc                       + 44 (0) 1902 316426

Finsbury

James Murgatroyd or Gordon Simpson                                                      [phone]

 

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