Carillion

Carillion plc

Making tomorrow a better place
Type	Public limited company
Traded as	:
Industry	Facilities management, Construction, Civil engineering
Founded	1999 (demerger from Tarmac) 1903 (foundation)
Headquarters	Wolverhampton, West Midlands, United Kingdom
Key people	Philip Green (Chairman) Richard Howson (CEO)
Revenue	£4,586.9 million (2015)
Operating income	£234.4 million (2015)
Net income	£139.4 million (2015)
Number of employees	circa 40,000 (2015)
Website	www.carillionplc.com

Carillion plc is a British multinational facilities management and construction services company headquartered in Wolverhampton, United Kingdom. It is listed on the and is a constituent of the FTSE 250 Index.

Carillion was created in July 1999, by a demerger from Tarmac, which was founded in 1903; the new company included the former Tarmac Construction contracting business and Tarmac Professional Services.

In September 2001, Carillion acquired the 51% of GT Rail Maintenance it did not already own, thereby creating Carillion Rail. In August 2002, Carillion bought Citex Management Services for £11.5 million and, in March 2005, it acquired Planned Maintenance Group for circa £40 million.

After that, in February 2006, Carillion went on to acquire Mowlem, another United Kingdom support services firm, for circa £350 million and in February 2008, it acquired Alfred McAlpine, yet another United Kingdom support services firm, for £572 million. Then, in October 2008, Carillion bought Van Bots Construction in Canada for £14.3 million.

In April 2011, Carillion bought Eaga, an energy efficiency business, for £306 million and in December 2012, it acquired a 49 per cent interest in The Bouchier Group, a company providing services in the Athabasca oil sands area, for £24m. Then, in October 2013, the company bought the facilities management business of John Laing.

In August 2014, the company spent several weeks attempting a merger with rival Balfour Beatty. Three offers were made; the last bid, which valued Balfour Beatty at £2.1 billion, was unanimously rejected by the Balfour Beatty board on 19 August 2014. Balfour refused to allow an extension of time for negotiations which could have prompted a fourth bid. Carillion subsequently announced the same day it would no longer pursue a merger with its rival. In December 2014, Carillion acquired a 60% stake in Rokstad Power Corporation, a Canadian transmission and distribution business, for £33 million.