Amey goes up for sale

03/12/2018
Dominic Browne

UK roads and services contractor Amey is being put up for sale as parent company Ferrovial, the Spanish infrastructure group that is also a part owner of Heathrow, is looking to sell its global support services division.

A statement Ferrovial said: 'The company has entrusted an external consultant to explore the potential divestment of all or part of the assets of the services division of which Ferrovial owns directly or indirectly.'

Amey has been rocked by several dramatic setbacks recently, notably the massive loss of a long-running legal battle over its 25-year Birmingham PFI deal, which saw it set aside £208m to cover possible costs.

However things had just started to pick up for Amey in the roads sector, with the company securing major contracts from Highways England Area 10 worth a combined £375m as well as a place on Highways England's Regional Delivery Partnership framework.

Reports The Financial Times reports that investment bank Goldman Sachs has been appointed to handle the sale of Ferrovial's services business.

The company is said to want to narrow its focus to transport infrastructure, including its profitable toll roads business in North America, where it registered a 'strong performance' in its statement to stock exchanges in May.

Correction: This article initially incorrectly attributed a £48m loss on an M8 improvement scheme to Amey, when in fact this was its parent company Ferrovial's scheme. Highways apologises.

Highways jobs

Engineer Maintenance

Liverpool City Council
£32,233 - £37,107
Liverpool City Council are looking to recruit an Engineer Maintenance. Liverpool, Merseyside
Recuriter: Liverpool City Council

Site Supervisor

Liverpool City Council
£32,233 - £37,107
Liverpool City Council wish to appoint Site Supervisors to supervise the City Council's highway construction works. Liverpool, Merseyside
Recuriter: Liverpool City Council

Permit Officer

Liverpool City Council
£23,111 - £27,358
Liverpool City Council are looking to recruit a Permit Officer. Liverpool, Merseyside
Recuriter: Liverpool City Council

Contracts Manager

Liverpool City Council
£37,107 - £41,846
Liverpool City Council wish to recruit a Contracts Manager based in Highways & Transportation. Liverpool, Merseyside
Recuriter: Liverpool City Council

Principal Engineer - Asset Management

Liverpool City Council
£37,107 - £41,846
Liverpool City Council wish to recruit a Principal Engineer - Asset Management. Liverpool, Merseyside
Recuriter: Liverpool City Council

Highways Inspector

Liverpool City Council
£32,233 - £37,107
We are seeking to recruit an enthusiastic individual to be a key member of our Highways Team. Liverpool, Merseyside
Recuriter: Liverpool City Council

Engineer - Capital Projects

Liverpool City Council
£32,233 - £37,107
Liverpool City Council is looking to recruit an Engineer - Capital Projects. Liverpool, Merseyside
Recuriter: Liverpool City Council

Engineer - Highways Capital Projects (S106)

Liverpool City Council
£32,233 - £37,107
Liverpool City Council wish to recruit an Engineer (Capital Projects). Liverpool, Merseyside
Recuriter: Liverpool City Council

Team Leader - Asset Management

Liverpool City Council
£41,846 - £46,560
Liverpool City Council wish to recruit a Team Leader - Asset Management. Liverpool, Merseyside
Recuriter: Liverpool City Council

Technical Assistant

Liverpool City Council
£23,111 - £27,358
Liverpool City Council are looking to recruit a Technical Assistant. Liverpool, Merseyside
Recuriter: Liverpool City Council

Waste and Recycling Engagement Officer

Camden London Borough Council
£24,460 - £26,358
We now have an exciting opportunity for a talented and enthusiastic individual to join us and be part of the North London Waste Authority (NLWA). Camden, London (Greater)
Recuriter: Camden London Borough Council

Major Transport & Development Projects - Strategic Specialist

Wiltshire Council
£51,763 - £57,066
Wiltshire has a highly regarded record of securing funding and delivering major transport improvements across all modes of travel. Wiltshire
Recuriter: Wiltshire Council

Assistant Director - Growth and Development

Lincoln City Council
£59,058.00 - £65,127.00
Looking for an experienced manager with a good track record in proactively driving economic growth and investment. Lincoln, Lincolnshire
Recuriter: Lincoln City Council

Assistant Director – Transport and Connectivity

Birmingham City Council
£73,513 - £90,864
This is one of a number of influential new senior roles for collaborative people, motivated by doing what’s right for our city and residents. Birmingham, West Midlands
Recuriter: Birmingham City Council

Director (Environment and Planning)

Hinckley & Bosworth Borough Council
£77,265 p.a.
You will have a great opportunity to drive forward an ambitious strategic growth agenda... Hinckley, Leicestershire
Recuriter: Hinckley & Bosworth Borough Council

Service Director – Environment

Kirklees Metropolitan Council
£98,615
Looking to recruit to a key post within our Economy and Infrastructure Directorate.  Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Transport & Development Officer (Career Grade)

London Borough of Bexley
£29,130 - £40,173
This is a Career Grade post and an excellent opportunity. Bexley (City/Town), London (Greater)
Recuriter: London Borough of Bexley

Transport Planning Officer x 2

Plymouth City Council
£32,233 to £41,846
If you are an experienced Transport Planner then we need you to step aboard.  Plympton, Plymouth
Recuriter: Plymouth City Council

Transport Planning Officer x 2

Plymouth City Council
£32,233 to £41,846
Exciting time to join the Council and this role represents an opportunity to make a real difference... Plympton, Plymouth
Recuriter: Plymouth City Council

Waste and Fleet Operations Manager

Ipswich Borough Council
£52,020 - £56,100 (pay award pending)
Looking for someone to lead and manage a large and vital operational area... Ipswich, Suffolk
Recuriter: Ipswich Borough Council

Download your Highways App

Google App Apple App

Highways on Fridays

Latest Issue

latest magazine issue

Includes:

  • The Jubliee of Britain's first motorway
  • The Big Interview with Dr Howard Robinson
  • Highways England's latest work in computer-led design
View the latest issue

Latest Video