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Interserve's facilities management business was sold to Mitie in December 2020, and RMD Kwikform was sold in October 2021 to France's Altrad. In March 2021, Interserve resurrected the Tilbury Douglas brand for its construction and engineering services businesses. Interserve plc was formally wound-up in the High Court in January 2022.
From 1991 it was known as Tilbury Douglas following a merger with RM Douglas, but in 2001 rebranded as Interserve plc. The name change partly reflected a shift in focus during the 1990s towards maintenance and facilities management services sectors, and this continued in the 2000s, buoyed by further acquisitions.
Interserve Rail (formerly Clough Smith) [1] is a British engineering and facilities management company. Founded in 1910, it is a subsidiary of Interserve . History
In August 2019, Interserve appointed Ken Hanna as a non executive director of its board, and chairman of RMD Kwikform. RMD Kwikform had been the strongest performer in the group, but results in 2018 showed a 27% drop in operating profits to £39.6m, as turnover fell to £195.5m from £229m. [ 12 ]
They expected services and raw material prices to increase 5.3%, and forecast their labor and benefit costs rising 3.5%. Profit margins, which fell slightly in the second and third quarters were ...
The Interserve acquisition increased the company's exposure to public sector work from one-third to half of its overall business activities. [42] During the COVID-19 pandemic, Mitie added a wide range of services, including running Covid testing sites, cleaning offices and major transport services, and providing security for new quarantine hotels.
Image credits: Bored Panda #2 Dave Grohl Fathered A Baby Girl Outside Of His Marriage. Lead singer of the Foo Fighters Dave Grohl isn’t trying to hide his truth. Back in September, the musician ...
Raw samples nationwide will now be collected and shared with the U.S. Department of Agriculture in order to test for bird flu, according to a new federal order issued by the agency on Friday. The ...
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