Carillion

Carillion plc
Type Public limited company
Traded as LSECLLN
Industry Construction, Civil engineering
Founded 1999 (demerged from Tarmac, founded in 1903)
Headquarters Wolverhampton, West Midlands, United Kingdom
Key people Philip Rogerson (Chairman)
John McDonough (CEO)
Revenue £5,139.0 million (2010)[1]
Operating income £194.9 million (2010)[1]
Net income £152.8 million (2010)[1]
Employees circa 50,000 (2010)[2]
Website www.carillionplc.com

Carillion plc (LSECLLN) is a multinational construction-services company headquartered in Wolverhampton, United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

Carillion was created in July 1999 by a demerger from Tarmac, which was founded in 1903.[3]

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] Then in March 2005, Carillion acquired Planned Maintenance Group for circa £40 million.[6] After that, in February 2006, Carillion went on to acquire Mowlem, another UK support-services firm, for circa £350 million[7] and in February 2008, Carillion acquired Alfred McAlpine, yet another UK support-services firm, for £572 million.[8] Then in April 2011 it bought Eaga, an energy efficiency business, for £306 million.[9]

Operations

Carillion provides facilities management services and also undertakes a range of construction projects including roads and hospitals. Most of its business is in the United Kingdom, but it also operates in several other regions, such as Canada and the Middle East.[10]

Carillion Rail carries out track renewals on the UK rail network and contract work for Network Rail.

Major projects

Major projects involving Carillion have included new facilities for the Royal Opera House (completed in 2000),[11] the Tate Modern (completed in 2000),[12] the Grand Mosque in Oman (completed in 2001),[13] the Copenhagen Metro (completed in 2002),[14] Government Communications Headquarters (GCHQ) (completed in 2003),[15] the M6 Toll (completed in 2003),[16] Beetham Tower Manchester (completed in 2006),[17] new facilities for the John Radcliffe Hospital (completed in 2006),[18] the Sheppey Crossing (completed in 2006),[19] High Speed 1 (completed in 2007),[20] Aylesbury Vale Parkway (completed in 2008),[21] the new facilities at the Queen Alexandra Hospital in Portsmouth (completed in 2009)[22] and the Yas Marina Hotel in Abu Dhabi (completed in 2009).[23]

References

  1. ^ a b c "Preliminary results for the year ended 31 December 2010". Carillion. http://www.carillionplc.com/assets/documents/prelim_2010_announcement.pdf. Retrieved 2011-03-06. 
  2. ^ "About Us". Carillion. http://www.carillionplc.com/about/about.asp. Retrieved 2011-03-06. 
  3. ^ "Tarmac to split in two". BBC News. 1999-03-16. http://news.bbc.co.uk/1/hi/business/the_company_file/297579.stm. Retrieved 2008-07-13. 
  4. ^ "UK Business Activity Report". UK Business Park. http://www.ukbusinesspark.co.uk/can92223.htm. Retrieved 2010-03-28. 
  5. ^ "Carillion buys Citex Management Services". Construction News. 2002-08-22. http://www.cnplus.co.uk/news/carillion-buys-citex-for-115m/874062.article. Retrieved 2009-07-26. 
  6. ^ Saeed Shah (2005-03-10). "Carillion is still building value". The Independent (republished by Findarticles.com). http://findarticles.com/p/articles/mi_qn4158/is_20050310/ai_n12830274. Retrieved 2008-07-13. 
  7. ^ "Construction firms agree takeover". BBC News. 2005-12-07. http://news.bbc.co.uk/1/hi/business/4505826.stm. Retrieved 2008-07-13. 
  8. ^ "Carillion agrees to buy McAlpine". BBC News. 2007-12-10. http://news.bbc.co.uk/1/hi/business/7135893.stm. Retrieved 2008-07-13. 
  9. ^ "Carillion buys Eaga for £300m in bet on 'green home' revolution". Daily Telegraph. 2011-02-12. http://www.telegraph.co.uk/finance/newsbysector/energy/8319284/Carillion-buys-Eaga-for-300m-in-bet-on-green-home-revolution.html. Retrieved 2011-11-21. 
  10. ^ "Carillion strategy protects it from cuts". Contract News. 8 December 2010. http://www.theconstructionindex.co.uk/news/construction-news/carillion-strategy-protects-it-from-cuts. Retrieved 2011-02-26. 
  11. ^ "Royal Opera House". Carillion. http://www.carillionplc.com/sectors/sectors_leisure_opera.asp. Retrieved 2008-07-13. 
  12. ^ "Tate Modern". Carillion. http://www.carillionplc.com/sectors/sectors_leisure_tate.asp. Retrieved 2008-07-13. 
  13. ^ "Carillion". Alawi Enterprises L.L.C.. Archived from the original on 2008-02-16. http://web.archive.org/web/20080216085146/http://www.alawient.com/text/group/carillion.htm. Retrieved 2008-07-13. 
  14. ^ "Copenhagen's First Metro Line Takes Shape". International Railway Journal (republished by High Beam). 1999-09-01. http://www.encyclopedia.com/doc/1G1-58673331.html. Retrieved 2008-07-13. 
  15. ^ "Carillion set for growth". BBC News. 2000-09-19. http://news.bbc.co.uk/1/hi/business/931773.stm. Retrieved 2008-07-13. 
  16. ^ "M6 Toll (formerly Birmingham Northern Relief Road)". The Motorway Archive. http://www.iht.org/motorway/m6toll.htm. Retrieved 2008-07-13. 
  17. ^ "Beetham Tower Manchester". Skyscraper News. http://www.skyscrapernews.com/buildings.php?id=132. Retrieved 2008-07-13. 
  18. ^ "On the Roof for the Oxford Children's Hospital: Lord Drayson 'tops out' the Oxford Children's Hospital.". Oxford Radcliffe Hospitals NHS Trust. http://www.oxfordradcliffe.nhs.uk/news/newsrecords/On%20the%20Roof%20for%20the%20Oxford%20Childrens%20Hospital%20Lord%20Drayson%20tops%20out%20the%20Oxford%20Childrens%20Hospit.aspx. Retrieved 2008-07-13. 
  19. ^ "New high level bridge boosts jobs and regeneration in North Kent". Highways Agency (London). 2006-07-03. http://www.gnn.gov.uk/content/detail.asp?NewsAreaID=2&ReleaseID=211645. Retrieved 2008-07-13. 
  20. ^ "Section 2 Major Contracts - Descriptions" (pdf). High Speed 1. http://www.highspeed1.com/downloads%5C22%5Chs1s2contracts.pdf. Retrieved 2008-07-13. 
  21. ^ "Access to Aylesbury Vale Parkway". Buckinghamshire County Council. 2008-10-19. http://www.buckscc.gov.uk/bcc/news/Access_to_Aylesbury_Vale_Parkway.page?. Retrieved 2008-12-30. 
  22. ^ "Carillion appointed on Portsmouth PPP". HD. September 2003. http://findarticles.com/p/articles/mi_qa4028/is_200309/ai_n9269291/. Retrieved 2009-06-24. 
  23. ^ "The right formula: Abu Dhabi's Yas Hotel". Building. 30 October 2009. http://www.building.co.uk/story.asp?storycode=3151959. Retrieved 2010-01-15. 

External links