Willmott Dixon is looking for a buyer to purchase its Support Services business, it has been announced.
The housing maintenance and energy services business has been put up for sale as the company looks to focus on core new build activities.
Ernst & Young has been appointed as advisors and submissions of interest in the two businesses are now being invited.
In a statement, Willmott Dixon said while the division is performing well, the board believes there is great potential being hampered "by being minority players in a Group predominantly rooted in contracting and development activity".
It added: "Indeed, with the right direction, support and synergies, it is confident that the two subsidiary companies involved – Willmott Dixon Partnerships and Willmott Dixon Energy Services – could each grow to challenge ‘market leader’ status in their respective sectors."
"The decision has therefore been taken to invite expressions of interest from strategic partners, investors or purchasers who feel they can help unlock the significant potential in these two businesses."
(LM/MH)
UK
Ireland
Scotland
London











