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Over 100 firms win £1.5bn ICN housing framework

Great Places Housing Group has appointed just over 100 contractors and consultants to its £1.5bn Innovation Chain North framework for the next four years. Caddick, Countryside Properties, Lovell, P Casey, Termrim and Seddon were among the firms securing spots on the largest value lots in both the western of eastern regions of the north. The

Scottish civils firm to buy stake in piling specialist

Scottish civil engineering and groundworks specialist Advance Construction Group is understood to be in final talks to buy a minority stake in piling specialist Northern Piling Ltd. Belshill-based Advance Construction is one of Scotland’s largest civls and groundworks firms employing around 470 staff and turning over around £300m. It is understood to be aiming to

Steelwork firm went down owing £4.5m to suppliers

North Yorkshire-based steelwork specialist SH Structures fell into administration owing £4.5m to suppliers and usbcontractors. The scale of the firm’s debts have been revealed in an update posted at Companies House. SH Structures also owed HMRC £370,000 and its employees nearly £1m. The firm went into administration in April when all of its 67 staff

RSK secures £500m for fresh acquisitions spree

Acquisition-hungry consultant and construction services group RSK has secured £500m in extra funding to fuel its next tranche of strategic takeovers. The Cheshire-based group, which employs 15,000 people and operates in 40 countries, has received the investment from a consortium led by Searchlight Capital Partners and Ares Management Corporation funds. Ares has also committed an