Morgan Sindall Group

Morgan Sindall Group plc
Public (LSE: MGNS)
Industry Construction, Civil engineering
Founded 1977
Headquarters London, United Kingdom
Key people
 Adrian Martin
(Chairman)
John Morgan
(Chief Executive)
Revenue £2,792.7 million (2017)[1]
£67.4 million (2017)[1]
£52.4 million (2017)[1]
Number of employees
 6,409 (2017)[1]
Website www.morgansindall.com

Morgan Sindall Group plc (LSE: MGNS) is a British based construction services business headquartered in London. It is a former constituent of the FTSE 250 Index.

History

The Company was founded by John Morgan and Jack Lovell with £1,000 from joint savings in 1977 and was initially based at Golden Square in Soho.[2] Overbury, a fit out contractor which had been in business since 1942, was acquired by the Company in 1985.[3] The Company secured a listing on the London Stock Exchange in 1994 when it entered into a reverse takeover of William Sindall plc.[4]

William Sindall was a very old established and hugely respected name in the construction industry. William Sindall was established in the 1860s and was renowned for his quality work for the University of Cambridge. In 1988, William Sindall had acquired Hinkins & Frewin, a company established in 1847 and with a similar reputation for work for the University of Oxford, to create a truly Oxbridge construction group.[5]

The business was regionally based and apart from offices in Oxford and Cambridge, it also had offices in Banbury and Fareham.[4] In 1998, Morgan Sindall bought Lovell Partnerships for £15m from the financially stretched Lovell Group. The business was one of the largest partnership housing operations in the country, and it also contained a private housebuilding division.[6]

In June 2007, Morgan Sindall Group purchased the construction arm of AMEC.[7] In September 2010, it purchased the repairs division of Connaught plc.[8]

Operations

Morgan Sindall Group is a construction company and regeneration group operating in the public and commercial sectors. It operates through five divisions of construction and infrastructure, fit out, affordable housing, urban regeneration and investments.[2] Morgan Sindall Group has two divisions that specialise in office design, refurbishment and fit out: Morgan Lovell and Overbury.[3]

References

  1. 1 2 3 4 "Annual Report 2017" (PDF). Morgan Sindall. Retrieved 30 March 2018.
  2. 1 2 "About us". Morgan Sindall. Retrieved 28 March 2016.
  3. 1 2 "Our History". Overbury. Retrieved 15 March 2017.
  4. 1 2 Sindall marries into success The Independent, 20 August 1995
  5. ↑ William Sindall plc acquires Hinkins & Frewin Group Ltd Reuters, 1 July 1988
  6. ↑ Wellings, Fred: Dictionary of British Housebuilders (2006) Troubador. ISBN 978-0-9552965-0-5
  7. ↑ Morgan Sindall buys Amec's ailing construction business Building, 4 June 2007
  8. ↑ Morgan Sindall buys Connaught social housing arm, saves 2,500 jobs Daily Telegraph, 10 September 2010
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