Morgan Sindall

Last updated

Morgan Sindall Group plc
Formerly
  • Morgan Sindall plc (1994–2010)
  • William Sindall Public Limited Company (1953–1994) [1]
Company type Public
Industry Construction, Civil engineering
Founded1977
Headquarters London, United Kingdom
Key people
RevenueIncrease2.svg £4,117.7 million (2023) [2]
Increase2.svg £140.6 million (2023) [2]
Increase2.svg £117.7 million (2023) [2]
Number of employees
7,200 (2023) [3]
Website morgansindall.com

Morgan Sindall Group plc is a leading British Construction & Regeneration group, headquartered in London employing around 6,700 employees and operating in the public, regulated and private sectors. It reports through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

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. [4] Overbury, a fit out contractor which had been in business since 1942, was acquired by the company in 1985. [5] The company secured a listing on the London Stock Exchange in 1994 when it entered into a reverse takeover of William Sindall plc. [6]

William Sindall was established in the 1860s, and was named for its founder, who was known for his work for the University of Cambridge. In 1988, William Sindall had acquired Hinkins & Frewin, a company established in 1847, known for their work for the University of Oxford. [7] The business operated from offices in Oxford, Cambridge, Banbury, Rugby and Fareham. [6]

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. [8]

In June 2007, Morgan Sindall Group purchased the construction arm of AMEC. [9] In September 2010, it purchased the repairs division of Connaught plc. [10]

In 2009 the company was fined £287,000 for its involvement in cover pricing activities. The company subsequently announced that it had carried out a comprehensive review of its activities. [11]

Operations

Morgan Sindall Group is a construction company and regeneration group operating in the public and commercial sectors. It operates through six divisions of construction and infrastructure, fit out, property services, partnership housing, urban regeneration and investments. [12]

Major projects

Major projects included Murray Royal Hospital in Perth, completed in 2012, [13] the expansion of Whitechapel station for Crossrail, completed in 2021, [14] and construction of six new stations on the Northumberland Line due to be completed in 2024. [15]

Subsidiaries

Morgan Sindall Group plc own a number of subsidiaries, including: [16]

Subsidiary nameArea of business
Morgan Sindall ConstructionEducation, healthcare, commercial, industrial, leisure and retail markets
Morgan Sindall InfrastructureHighways, rail, energy, water and nuclear
BakerHicksArchitectural and engineering design consultancy
OverburyOffice and further education fit out and refurbishment
Morgan LovellDesign and build office fit out
Morgan Sindall Property ServicesProperty repairs for the social housing sector
Lovell HomesHouse builder
Lovell PartnershipsPartnership housing
Muse PlacesMixed-use urban regeneration

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References

  1. ↑ "Morgan Sindall Group PLC overview - Find and update company information - GOV.UK". Companies House . 20 July 1953. Retrieved 30 January 2024.
  2. 1 2 3 "Annual Results 2023" (PDF). Morgan Sindall. Retrieved 22 February 2024.
  3. ↑ "Morgan Sindall Group". Baker Hicks. Retrieved 13 February 2024.
  4. ↑ "Alchemy in the UK". Building. 19 October 2001. Retrieved 26 February 2020.
  5. ↑ "Builder on acquisition trail as it continues drive to become a national contractor Morgan Sindall heads North with latest buy". Construction News. Retrieved 26 February 2020.
  6. 1 2 Sindall marries into success The Independent, 20 August 1995
  7. ↑ William Sindall plc acquires Hinkins & Frewin Group Ltd, Reuters, 1 July 1988
  8. ↑ Wellings, Fred: Dictionary of British Housebuilders (2006) Troubador. ISBN   978-0-9552965-0-5
  9. ↑ Morgan Sindall buys Amec's ailing construction business Building, 4 June 2007
  10. ↑ Morgan Sindall buys Connaught social housing arm, saves 2,500 jobs Daily Telegraph, 10 September 2010
  11. ↑ "Morgan Sindall carried out review after inquiry launched". Construction News. 22 September 2009. Retrieved 26 February 2020.
  12. ↑ "Morgan Sindall Group uses CEMARS to verify its 54% carbon reduction in six years". Achilles. Retrieved 26 February 2020.
  13. ↑ "New chapter opens at Murray Royal". Daily Record. 15 June 2012. Retrieved 24 March 2023.
  14. ↑ "BBMV hands over latest completed Crossrail station". Construction Enquirer. 1 August 2021. Retrieved 14 January 2021.
  15. ↑ "Morgan Sindall to build six new stations for Northumberland line restoration". New Civil Engineer. 9 August 2021. Retrieved 6 March 2023.
  16. ↑ "Businesses". Morgan Sindall Group. Retrieved 27 January 2024.
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