Re Contract

RNS Number : 3762R

Galliford Try PLC

19 November 2012

 



GALLIFORD TRY IN CONSORTIUM WITH ALLIANCE FINALISES MAJOR PUBLIC SECTOR PARTNERSHIP IN SOUTH WEST SCOTLAND

Following its appointment as preferred bidder in August, Alliance Community Partnerships, a consortium comprising Galliford Try Investments Ltd, Equitix Holdings Ltd, Kier Projects Investments Ltd and John Graham Holdings Ltd, has reached financial close on the South West Scotland hub initiative to deliver £600 million of public sector infrastructure projects over the next ten years.

The South West Scotland hub will cover Ayrshire, Dumfries & Galloway and Lanarkshire and many future infrastructure and community projects across these territories will be delivered through a joint venture company to be formed between the 16 public sector bodies involved and Alliance Community Partnerships.

The hub initiative delivers an effective development model, allowing the private sector development partner to work with the public sector bodies across all stages from strategic planning through funding and project delivery, to facilities management via an integrated supply chain. Every hub project is committed to providing opportunities for Scottish businesses and the local supply chain.

Greg Fitzgerald, Chief Executive of Galliford Try, commented:

"Along with our partners, we are delighted to have reached an agreement on this significant partnership with the South West hub Territory Partnering Board in Scotland.  This appointment has been achieved by us demonstrating the combined skills of Galliford Try's construction, facilities management and investments teams. These skills enable us to develop, deliver, fund and manage major public sector schemes in a collaborative manner. We recognise the important economic benefits which hub will bring and we look forward to working with our partners on their exciting pipeline of projects."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive                                 01895 855001

                                    Louise Mantio, Communications Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers across the South and South East of England.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2012, the Group generated revenues of £1.5 billion.

 

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