Carillion PLC Carillion completes acquisition of Rokstad (7220A)
December 24 2014 - 5:44AM
UK Regulatory
TIDMCLLN
RNS Number : 7220A
Carillion PLC
24 December 2014
24 December 2014
Carillion completes acquisition of leading Canadian power
transmission and distribution services business
Further to the announcement on 1 December 2014 that Carillion
plc had agreed to acquire a 60 per cent interest in the trade and
assets of Rokstad Power Corporation ("Rokstad'), Carillion has now
completed this acquisition. The terms of the acquisition remain
unchanged from those announced on 1 December 2014.
Rokstad, which is based in British Columbia, Canada, provides a
full range of transmission and distribution power line services,
including specialist live-line operations, and will significantly
enhance Carillion's skills and prospects for growth in servicing
the rapidly expanding electric power transmission and distribution
market.
Notes to Editors
Carillion is a leading integrated support services company with
a substantial portfolio of Public Private Partnership projects and
extensive construction capabilities. The Group had annual revenue
in 2013 of some GBP4.1 billion, employs around 40,000 people and
operates across the UK, in the Middle East and Canada.
The Group has four business segments.
Support services - this includes facilities management,
facilities services, energy services, utility services, road
maintenance, rail services and consultancy services.
Public Private Partnership (PPP) projects - this includes
investing activities in PPP projects for Government buildings and
infrastructure, mainly in the Defence, Health, Education, Transport
and Secure accommodation sectors.
Middle East construction services - this includes building and
civil engineering activities in the Middle East.
Construction services (excluding the Middle East) - this
includes building, civil engineering and developments activities in
the UK and construction activities in Canada.
This and other Carillion news releases can be found at
www.carillionplc.com
For more information
Richard Adam, Group Finance Director, Carillion plc + 44 (0)
1902 316360
John Denning, Director Group Corporate Affairs, Carillion plc +
44 (0) 1902 316426
Finsbury
James Murgatroyd or Gordon Simpson +44 (0) 207 2513801
This information is provided by RNS
The company news service from the London Stock Exchange
END
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