Alfred McAlpine

For other people named Alfred McAlpine, see Alfred McAlpine (disambiguation).
Alfred McAlpine
Public
Industry Construction
Business services
Fate Acquired
Successor Carillion
Founded 1935[1]
Defunct 2008
Headquarters Hooton, Cheshire
Key people
 Dr Roger Urwin, (Chairman)
Ian Grice, (CEO)
Number of employees
 8,600

Alfred McAlpine plc was a British construction firm headquartered in Hooton, Cheshire. It was a major road builder, and constructed over 10% of Britain's motorways, including the M6 Toll (as part of the CAMBBA consortium). It was listed on the London Stock Exchange until it was acquired by Carillion in 2008.

History

Alfred McAlpine was one of the sons of 'Concrete' Bob McAlpine and he ran the operations of Sir Robert McAlpine in the north west of England. In 1935, following the death of Sir Robert and his eldest son, Alfred ran the north west independently, although the legal separation was not completed until 1940, when Sir Alfred McAlpine & Son was formed. Under a non-compete agreement with its former parent company, Sir Alfred McAlpine confined itself to civil engineering and to the north west of England.[2]

After the death of its founder, his son Jimmie McAlpine became chairman. The company floated on the London Stock Exchange in 1958 under the name Marchwiel Holdings, only changing its public name to Alfred McAlpine PLC in 1985.[3] This followed the decision in 1983 to end the non-compete agreement with Robert McAlpine allowing the firm to expand geographically.[1]

McAlpine's status as a civil engineer was enhanced during the 1960s by its participation in the motorway building programme and the company became one of the country's leading civil engineers. There had been some limited diversification, including the purchase of Penrhyn Quarry, the country's largest slate works. As the civil engineering market declined in the 1970s, McAlpine sought to diversify further into private housebuilding. Acquisitions included Price Brothers in 1978; Frank Sanderson's Finlas in 1982; and Canberra in 1988. Investments had also been made in the US housing industry. By the end of the 1980s, private housebuilding was contributing the major part of group profits.[4]

In 1985, Jimmie retired, and handed over chairmanship of the company to his son Robert James "Bobby" McAlpine.[5] In 1991 Bobby brought in an outside chief executive, resigning as chairman in 1992, by which time the family no longer owned a controlling shareholding. Under new management, there was further concentration on private housebuilding, including the acquisition of Raine Industries. By the late 1990s, McAlpine was building over 4,000 houses a year and was one of the industry’s top ten.[4] However, there was increasing speculation over the future of the Company and, in 2001, it sold its housebuilding operations to George Wimpey.[6] In 2001, it acquired Kennedy Utility Management for £52m.[7] In 2002, it acquired Stiell, a facilities management and information technology network systems business, for £85m.[8] In February 2008, Carillion acquired Alfred McAlpine for £572m.[9]

Structure

It had three business streams:

It also owned Alfred McAlpine Slate, which was the world's largest producer of natural slate.

Major projects

Projects undertaken by the company included an engine factory for the Bristol Aeroplane Company at Hawthorn completed in 1943,[10] the Royal Liverpool University Hospital completed in 1969,[11] the Scammonden Dam completed in 1970,[12] New Cross Hospital in Wolverhampton completed in 1970,[13] the Alvito Dam in Portugal completed in 1976,[14] Dinorwig Power Station completed in 1984,[15] Manchester Central completed in 1986,[16] Devonshire Dock Hall in Barrow-in-Furness completed in 1986,[17] the Jackfield Bridge completed in 1994,[18] the Royal Armouries Museum in Leeds completed in 1996,[19] the John Smith's Stadium in Huddersfield completed in 1997 (and known as the McAlpine Stadium until 2004),[20] the JJB Stadium in Wigan completed in 1999 (now known as the DW Stadium),[21] the Eden Project in St Austell completed in 2001,[22] the M6 Toll completed in 2003[23] and the Bluestone Holiday Complex completed in 2008.[24]

References

  1. 1 2 ""McAlpine vs McAlpine" High Court Judgement". Her Majesty's Courts Service. 31 March 2004. Archived from the original on 17 May 2006. Retrieved 2008-07-11.
  2. ↑ Gray, pp. 23-5
  3. ↑ Gray, pp. 68-9
  4. 1 2 Wellings, Fred: Dictionary of British Housebuilders (2006) Troubador. ISBN 978-0-9552965-0-5,
  5. ↑ "Sir Alfred McAlpine and Son". Graces Guide. Retrieved 10 November 2012.
  6. ↑ "Wimpey buys McAlpine building unit". BBC News. 14 August 2001. Retrieved 2008-07-11.
  7. ↑ "Alfred McAlpine". UK Business Park. 21 March 2001. Retrieved 2008-07-11. Alfred McAlpine has acquired Kennedy, the Manchester-based construction services group, for £52m.
  8. ↑ "Alfred McAlpine". UK Business Park. 4 March 2002. Retrieved 2008-07-11. Alfred McAlpine has acquired Stiell, the facilities management company with 1,200 staff at offices in Glasgow, Manchester, London and Belfast, for £85m.
  9. ↑ "Carillion agrees to buy McAlpine". BBC News. 10 December 2007. Retrieved 2008-07-11.
  10. ↑ Gray, p. 35
  11. ↑ Gray, p. 107
  12. ↑ Gray, p. 79
  13. ↑ Gray, p. 184
  14. ↑ Gray, p. 188
  15. ↑ Gray, p. 14
  16. ↑ Gray, p. 137
  17. ↑ Gray, p. 174
  18. ↑ Jackfield Bridge Tata Steel
  19. ↑ "The Re-negotiation of the PFI-type deal for the Royal Armouries Museum in Leeds" (PDF). National Audit Office. 18 January 2001. p. 17. Retrieved 2008-07-11.
  20. ↑ Galpharm Stadium at Engineering Timelines
  21. ↑ "Facts and Figures". The JJB Stadium. Archived from the original on 28 March 2008. Retrieved 2008-07-11.
  22. ↑ "Welcome to Living Space - Housing Regeneration". living-places.org.uk. Retrieved 15 March 2015.
  23. ↑ "M6 Toll (formerly Birmingham Northern Relief Road)". The Motorway Archive. Archived from the original on 8 August 2008. Retrieved 2008-07-11.
  24. ↑ The lessons of Bluestone

Sources

External links

This article is issued from Wikipedia - version of the Friday, April 01, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.