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Thursday, 23 October 2008

Laing O'Rourke Buys Concrete Firm


Laing O’Rourke has acquired precast concrete manufacturer Bison, following the firm's entry into administrative receivership earlier this week.

The firm confirmed it was part of a consortium of investors which has acquired the majority operations of pre-cast concrete manufacturer Bison after the Staffordshire-based firm appointed receivers PricewaterhouseCoopers,.

The factories in Swadlincote, Derbyshire and Uddingston in Scotland will now be managed by Laing O’Rourke as a result of the deal.

Greg Ward, Laing O’Rourke’s global head of manufacturing, said “This was a great business...but it has been swept away by the economic downturn, like so many others in this industry.”

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