February 2006
The ensuing recession led to losses of over £180m between 1991 and 1993 and banking covenants came under pressure. The housing division was sold to Beazer in 1994. Mowlem was bought by Carillion in February 2006.
What happened to Mowlem?
One of the British construction industry’s biggest names has been bought out, it was announced this morning. Mowlem has been bought by historic rival, Wolverhampton-based Carillion, for £291 million, in a deal which will create one of the UK’s biggest construction companies, with an annual turnover of £4.1 billion.
Who are the members of the Mowlem group?
A long-standing national contractor, Mowlem developed a network of regional contracting businesses including Rattee and Kett of Cambridge (bought in 1926); E. Thomas of the west country (bought in 1965); Ernest Ireland of Bath; and the formation of a northern region in 1970.
What did Mo Mowlam do for Northern Ireland?
Mowlam’s time as Northern Ireland Secretary saw the signing of the historic Good Friday Peace Agreement in 1998. Her personal charisma and reputation for plain speaking led her to be perceived by many as one of the most popular ” New Labour ” politicians in the UK.
What did Mowlem do during the Second World War?
During the Second World War the company was one of the contractors engaged in building the Mulberry harbour units. Mowlem acquired SGB Group, a supplier of scaffolding, in 1986. Mowlem also bought Unit Construction in 1986, giving the firm a substantial presence in private housebuilding – within two years, sales were up to an annual rate of 1,200.
When does the Mowlem re-open in Swanage?
The Mowlem re-opens on 4th December with more magical musical delights. As Swanage is now designated a Tier 2 area, certain restrictions apply which may affect your visit. If you are visiting the Theatre you must sit only with members of your household or support bubble.
