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| Industry | Construction |
|---|---|
| Founded | 1948 |
| Headquarters | Aldridge, United Kingdom |
Area served | Worldwide |
| Products | Formwork, Falsework, Scaffolding, Groundshoring |
Number of employees | c.1,200+ |
| Parent | Altrad Group |
| Website | www |
Altrad RMD Kwikform is a company based in Aldridge, England, that hires and sells temporary works and engineering design for building construction and infrastructure projects.
The company was formed as Mills Scaffold Company in 1935 and became GKN Kwikform on acquisition by GKN in 1983. [1] It expanded rapidly in formwork and scaffolding under GKN ownership in the end of the 1980s. [2] In June 2000, GKN Kwikform merged with RMD (Rapid Metal Developments, established in 1948), the formwork and scaffolding unit of RM Douglas (part of Tilbury Douglas), to form RMD Kwikform. [3] [1] Tilbury Douglas renamed itself Interserve in 2001. [4]
Projects built using RMD Kwikform equipment included the New Tyne Tunnel, completed in February 2011. [5] In 2015, RMD Kwikform launched its ground shoring range of products, extending its capabilities to ground works applications. [6]
When parent company Interserve got into financial difficulties in December 2018, restructuring options included spinning off the £250m building materials unit RMD Kwikform to lenders, leaving the remainder of Interserve as a more focused support services business. [7]
However, the Cabinet Office reportedly objected to any deal involving selling RMD Kwikform, believing this would render the remainder of the business almost worthless, making it difficult to continue awarding contracts to the company. [8] At the beginning of 2019, Interserve announced agreement on a deleveraging deal which retained RMD Kwikform in the group, but the plan was rejected by shareholders at an AGM on 15 March 2019. [9]
Interserve's board applied for the parent company to be placed into administration, and pursued a 'pre pack' deal, [10] selling the group, including RMD Kwikform, to a new company, Interserve Group Ltd, controlled by Interserve's existing lenders. [11]
In August 2019, Interserve appointed Ken Hanna as a non executive director of its board, and chairman of RMD Kwikform. RMD Kwikform had been the strongest performer in the group, but results in 2018 showed a 27% drop in operating profits to £39.6m, as turnover fell to £195.5m from £229m. [12] In October 2021, RMD Kwikform was sold to France's Altrad group for over £140m. [13] [14]
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Mohed Altrad is a French-Syrian billionaire businessman, rugby chairman and writer, born c. March 1948. He was born to a very young mother and his Bedouin father gave him away to his grandparents at age four following his mother's death. In 2015, Altrad was named Ernst & Young World Entrepreneur Of The Year.
Interserve Rail is a British engineering and facilities management company. Founded in 1910, it is a subsidiary of Interserve.
ULMA Construction is a Spanish company that produces and distributes industrialized formwork and scaffolding systems for building, civil works, and rehabilitation. Ulma is operating in 80 countries on five continents through the rental and sale of its services and products, technical project development, and on-site consultancy.
Debra Jayne White is a British businesswoman. She was the chief executive (CEO) of Interserve from September 2017 until the end of 2019. In March 2020, the UK Government asked White to advise it on the establishment of a UK-wide network of testing centres in response to the COVID-19 pandemic. In December 2021, White was appointed HR Director at BT Group.
Thomas Cook Tourism (UK) Company Limited, known as Thomas Cook UK, is an Anglo-Chinese package holiday provider which offers 'Flight + Hotel' packages and Hotel only bookings. The company was launched in 2019, when Chinese firm Fosun International purchased the brand from the insolvent Thomas Cook Group, and began trading in September 2020.
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RSK Group is a privately held UK-based environmental, engineering and technical services group, comprising over 175 companies employing some 10,000 people and with turnover of £796m in 2022.
Tilbury Douglas is a British construction business based in Reading, Berkshire.
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