Construction firm Kier has announced a takeover of McNicholas Construction.
Kier is one of the UK’s biggest construction firms and has previously worked on the refurbishment of King’s Cross station (pictured above) and the regeneration of Epsom station.
McNicholas is headquartered in Hertfordshire and employs 1,880 members of staff. It offers a multitude of utilities services to the rail sector.
Kier CEO Haydn Mursell said that the incumbent CEO of McNicholas and his team will remain with the company.
Mursell added, ‘The acquisition of McNicholas builds on Kier’s strategy to accelerate growth and hold leading positions in its chosen markets.
‘It is a highly complementary addition to our utility services business and enhances our presence in the power, rail and telecoms markets, with its long-standing client relationships.’
Kier did not confirm the financials of the deal in an announcement on its website.