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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.
In June 2020, Mitie announced it was to buy Interserve's 40,000-strong facilities management business in a cash and shares deal worth £271m, later revised downwards to £190m. The deal, following its ratification by Mitie's shareholders, [ 40 ] was completed on 1 December 2020. [ 41 ]
Interserve Rail (formerly Clough Smith) [1] is a British engineering and facilities management company. Founded in 1910, it is a subsidiary of Interserve. History
Health Management (Carlisle) plc, a 50/50 dedicated joint venture company formed by AMEC and Interserve (Facilities Management) Ltd was given a 45-year concession period. [5] The hospital, which was built by AMEC, cost £65m to construct. [6]
Enterprise Products Partners L.P. is one of the biggest publicly traded partnerships. This company is one of the largest publicly traded energy partnerships and pays a 6.60% dividend. Enterprise ...
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