October 23, 2017 5:06 PM ET

Construction and Engineering

Company Overview of Laing ORourke Corporation Limited

Company Overview

Laing O'Rourke Corporation Limited operates as an engineering and construction company worldwide. The company offers engineering and construction services to residential, commercial, mixed-use, school, hospital, water, transport, oil and gas, mining and materials handling, and power sectors. It also provides building and refurbishment services, including buildability studies, design for manufacture and assembly service, remediation and enabling works, logistics management, integrated construction delivery, building technologies installation and testing, and building projects commissioning services, as well as constructs residential, commercial, and industrial buildings. In addition, the comp...

Bridge Place 1 & 2

Anchor Boulevard

Crossways

Dartford,  DA2 6SN

United Kingdom

15,234 Employees

Phone:

44 13 2229 6200

Fax:

44 13 2229 6262

Key Executives for Laing ORourke Corporation Limited

Group Chief Executive Officer and Director
Age: 70
Group Finance Director and Director
Chief Officer of Investments & Corporate Finance and Group Investment Director
Group Director of Human Capital and Group Commercial Director
Age: 51
Managing Director of Integrated Solutions
Compensation as of Fiscal Year 2017.

Laing ORourke Corporation Limited Key Developments

Laing ORourke Reportedly To Sell Australian Operation

Laing ORourke Corporation Limited is thought to again be contemplating a sale of its Australian operation. CCCC International Holding Limited could again be interested. It has been suggested that bidders viewed the value of the Laing O’Rourke’s Australian arm at somewhere between AUD 600 million and AUD 800m. Laing ORourke advisor, HSBC, has apparently been making calls around the market to parties that looked at the operation when it was previously up for sale.

Laing ORourke In Talks To Sell Scottish Concrete Plant

Laing ORourke Corporation Limited is in discussions to offload its precast concrete manufacturing plant in Uddingston, Scotland to FP McCann Limited. Speaking to Construction Manager a spokesman from FP McCann confirmed that the deal was ongoing to purchase the plant, which produces precast products under Laing O`Rourkes Bison brand. A statement from Laing O`Rourke said, We can confirm that FP McCann is in discussion with Laing ORourke to buy its Bison Uddingston facility and assets. It is proposed that all of the jobs of the circa 50 employees currently based at the facility will be transferred to FP McCann through the Transfer of Undertakings (Protection of Employment), (TUPE) process.

FP McCann To Buy Scottish site

FP McCann Limited is in negotiations to take on a site in Scotland from Laing ORourke Corporation Limited. FP McCann will acquire Laing ORourke's Bison, Uddingston, facility and assets. It is understood that around 50 staff at the site will be transferred across to FP McCann, and no jobs will be lost. The deal is expected to be completed by the end of March, 2017.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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