Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,228 companies....

Construction News

08/10/2021

Galliford Try Acquires nmcn

Construction News Image
Galliford Try has bought the water business of nmcn, including Lintott, for £1 million.

The company announced it was entering into administration of the company earlier this week.

Nmcn Water delivers water and wastewater projects for clients across the UK.

Around 900 employees will join Galliford Try, including the senior management team of nmcn Water, who will report to Steve Slessor, MD of Galliford Try's Environment business.

At their last audited accounts in December 2019, the ncmn Water segment generated operating profit of £7.6 million on turnover of £282.6 million. The gross assets of nmcn's water segment were £70.0 million as at 31 December 2019.
-- Advertisement --
hss



The acquisition of nmcn Water is consistent with Galliford Try's recently published Sustainable Growth Strategy, which in the Environment business, targets growth through our existing business, while seeking out acquisition opportunities in existing and adjacent sectors.

The joining of the two businesses provides a great opportunity for both nmcn Water and Galliford Try. Key among those are:

• The combination of two skilled and capable teams strengthens the joint talent pool, during a period of growth.

• It is a complementary geographic fit that will generate significant revenue growth through established frameworks.

• It brings nmcn design and MEICA capabilities to Galliford Try which will further allow growth across our Environment business.

• Galliford Try has robust, mature systems and processes which will add value to nmcn’s operations.

Bill Hocking, Chief Executive of Galliford Try, said: "I am delighted to welcome the employees, clients and suppliers of nmcn Water to Galliford Try. This acquisition will accelerate the growth of our successful Environment business, providing work with new clients and increased capabilities. This is a very exciting time as we deliver our Sustainable Growth Strategy and I look forward to a bright future for our collective team."

Latest Construction News

22/05/2025
Oxford City Council has approved plans for a new, modern community centre in the heart of Blackbird Leys. The council's planning committee gave the go-ahead on Tuesday 20 May, paving the way for construction to begin later this year. The new centre is part of a broader redevelopment of the Distric
22/05/2025
Leading construction and facilities management company GRAHAM has officially commenced a new repairs and maintenance contract with Sandwell Property Care, part of the Council's Corporate Landlord team. The contract covers the borough's extensive portfolio of non-housing properties, and will see GRA
22/05/2025
A significant milestone has been reached at Royal Bolton Hospital, as Bolton NHS Foundation Trust officially broke ground on the £38 million redevelopment of its Maternity and Women’s Health Unit. The work is being carried out in partnership with Robertson Construction North West and marks the sta
22/05/2025
Galliford Try's Environment business has been honoured with a prestigious Silver Green World Award in recognition of its outstanding environmental efforts at the Tophill Low Water Treatment Works (WTW). The project was selected from more than 1,200 entries worldwide, highlighting the global signifi
22/05/2025
A major new cement import facility planned for the North West of England is set to bolster growth in the UK construction sector while advancing the industry's efforts to reduce carbon emissions. The deep-water terminal, to be built at the former P&O site at Gladstone Dock in Liverpool, is the resul
22/05/2025
A major new drainage initiative is under way across Oxfordshire, with work now started to clean and empty every highway gully in the county annually. The £2.6 million programme, which began last month in Wheatley, will see nearly 145,000 highway drains, gullies, manholes, and catchpits cleaned by t
22/05/2025
Housing association Gentoo has announced a landmark investment programme aimed at improving more than 4,000 homes across Sunderland during 2025/26, in one of the city's largest ever housing improvement initiatives. The multi-million-pound scheme will deliver a wide range of upgrades to thousands of
22/05/2025
Bilfinger UK has secured a key contract with National Gas to help maintain the flow of gas across the National Transmission System (NTS), a move that will create up to 100 jobs and support vital national infrastructure. As Principal Designer and Principal Contractor, Bilfinger will lead a multi-dis
22/05/2025
A new strategic partnership has been formed between Network Rail Property, Places for London, and the London Borough of Lambeth to drive forward a major regeneration of London Waterloo Station and the surrounding South Bank neighbourhood. The collaboration follows the publication of the Waterloo St
22/05/2025
Wythenshawe Park has seen a series of improvements aimed at making it more accessible and enjoyable for all visitors, as part of Manchester City Council's £157,000 Clean, Green, Safer Manchester Investment. The funding supports a wider initiative to enhance green spaces across the city and has been
Aqua Direct LtdStuart CanvasLakeside HireJCD Cranes & Lifting Gear LtdNorth Ridge PumpsAddison Saws LtdCE Geotech Ltd24-7 HealthcareElectrical MastersPDC Consultancy Ltd