MGNS combines businesses to f
16 April 2010
Morgan Sindall combines businesses to form new division
Morgan Sindall plc, the construction and regeneration group, today announces its intention to combine its construction business Morgan Ashurst and infrastructure services business Morgan Est to create a single, enlarged division. Graham Shennan, managing director of Morgan Ashurst, will head-up the new division which will trade under the Morgan Sindall name.
Both divisions have substantially increased their scope and scale in recent years. This has led to an increase in the delivery of integrated construction services to clients from the two businesses, specifically in sectors such as rail, aviation and defence. The combination will also further enhance Morgan Sindall's ability to bid for larger, more complex contracts that encompass civil engineering, design and building work.
The new division will sit alongside Morgan Sindall's existing divisions of fit out, affordable housing and urban regeneration, supported by the Group's specialist investment unit, Morgan Sindall Investments.
Graham Shennan, who joined Morgan Sindall in 2002, is a Chartered Civil Engineer and has extensive senior management experience in construction, civil engineering, plant and design.
Paul Smith, Chief Executive of Morgan Sindall plc, said:
"This is a natural progression for the two divisions and ensures we continue to develop our service to meet clients' needs. The two divisions are working together on projects with increased regularity and combining their offering will lead to increased efficiency and a seamless service for clients. We also expect this change to create significant new opportunities for further business growth and development."
Ends
ENQUIRIES:
Morgan Sindall plc Tel: 020 7307 9200
Paul Smith, Chief Executive
David Mulligan, Finance Director
Blythe Weigh Communications Tel: 020 7138 3204
Tim Blythe Mobile: 07816 924626
Paul Weigh Mobile: 07989 129658
Notes to Editors:
Morgan Sindall plc is a leading UK construction and regeneration group which operates through five divisions of fit out, construction, infrastructure services, affordable housing and urban regeneration, which are supported by two specialist units of investments and professional services.
Morgan Ashurst is a leading full-service construction business with more than 1,800 employees in the UK. Supported by a national network of local offices, the company works for private and public sector clients on projects from £50,000 to over £300 million. Morgan Ashurst's construction activities range from small works, repair and maintenance services to large-scale complex projects across the commercial, defence, education, healthcare, industrial, leisure, retail and transport sectors
Morgan Est is a leading UK provider of infrastructure services across the public and private sector. The business which specialises in the design and delivery of complex engineering projects, provides specialist and innovative tunnelling, utilities, civil engineering and mechanical and electrical services to the water, transport and energy sectors.
This information is provided by RNS
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