Amey owner buys Enterprise

21/02/2013
Highways Reporters

Spanish contracting giant Ferrovial has bought maintenance and utility contractor Enterprise from investment group 3i for £385m.

The deal will double the size of Ferrovial’s UK business Amey creating a company employing 21,000 people with a turnover of £2.3bn.

Enterprise will be integrated into Amey with “cost and revenue synergies” estimated at around £40m.

Íñigo Meirás, CEO of Ferrovial said: “This acquisition fits with our strategic objective of profitable growth through selective acquisitions and it enables us to expand our Services business.

“The deal will strengthen the operations currently conducted via Amey.”

Ferrovial has been operating in the UK since 2000 and acquired Amey in 2003.

It is a major player in the UK market in services to transport and social infrastructure.

It works with public and regulated clients in a range of sectors, including justice, aviation, central government, education and transport and has over 11,000 employees.

Enterprise had a turnover of £1.1bn in 2012, excluding the joint venture with Mouchel, which is not included in this acquisition.

Mouchel has acquired Enterprise’s 50% shareholding in joint venture EnterpriseMouchel which will continue to operate as a fully incorporated company.

Enetrprise has 9,600 employees and provides environmental, property and utilities services as well as road maintenance for public and regulated sector clients.

Santiago Olivares, CEO of Ferrovial Services, said: “The acquisition of Enterprise will create value through synergies derived from integrating it into Amey.

“The deal strengthens our position in markets with growth potential. In terms of client types, range of services and geographical footprint, the two companies are highly complementary and offer great potential to share resources.

“The newly combined company will have the capability to offer our clients added value integrated services in an efficient way.”

Ferrovial Services will appoint Mel Ewell, current CEO of Amey, as CEO of the newly combined company once the transaction is completed.

Ewell said: “This acquisition will be pivotal for the UK marketplace, creating a business with the breadth and depth of service to respond to today’s market dynamics.

“Public and regulated clients are seeking radical reform in the shape of more efficient services which don’t compromise on quality or the service to the public.

“Our leading asset management and consulting capability, paired with Enterprise’s additional range of services, will ensure that the combined company can deliver a truly transformational service.”

Closure of the transaction is subject to approval by the European Commission.
Highways jobs

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

Business Manager - Planning Development

Newark & Sherwood District Council
£52,004 to £55,188 per annum
Looking for a suitably qualified and experienced individual to lead, manage, and develop the Council’s Development Management team. Newark, Nottinghamshire
Recuriter: Newark & Sherwood District Council

HGV Driver/Loader (Waste Management)

Torridge District Council
£22,021—£23,836 per annum (FROM 1 APRIL 2019)
Driving & loading a refuse/recycling collection vehicle up to 26 tonne gross weight, collecting recycling or household waste throughout Torridge Bideford, Devon
Recuriter: Torridge District Council

Director of Highways and Transport

Lancashire County Council
c£100k
We are looking for a passionate and energetic leader to deliver a range of ambitious and major projects. Lancaster, Lancashire
Recuriter: Lancashire County Council

Director of Growth, Environment & Planning

Lancashire County Council
c£100k
Our new Director will help us to develop a strong corporate vision, strategy and robust operations to service. Lancaster, Lancashire
Recuriter: Lancashire County Council

Head of Highways and Network Operation

Blackburn with Darwen Borough Council
£55,537 to £59,663
We are looking for an experienced transport professional with an excellent grounding in Highways and transport operations. Blackburn, Lancashire
Recuriter: Blackburn with Darwen Borough Council

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

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