Know what you want? Try our 'Supplier Directory' 

Vinci deal to purchase Haymills could save construction jobs

HUNDREDS of jobs at facilities management firm Haymills could be saved after the construction firm Vinci came closer to signing a deal today to buy the Stowmarket-based firm.
Haymills, based in Suffolk, employs more than 500 people in the UK, but a decision by the company's bank (the Royal Bank of Scotland) to freeze its overdraft facility, led to the firm going to the open market to look for a buyer.

This resulted in Haymills' administrators-elect receiving four purchase offers on Friday, August 7. The administrators-elect then decided to let French construction firm Vinci Plc buy the business.

The Royal Bank of Scotland's recent decision to freeze the firm's overdraft facility, led to sub-contractors and staff on weekly wages not being paid.
12 August 2009

Comments

Already Registered?
Login
Not Yet Registered?
Register

New scheme to help gas boiler installers transition to heat pump installation

Mitsubishi Electric has announced a new collaboration with Alto Energy aimed at helping heating engineers expand into the rapidly growing heat pump market through a simplified MCS umbrella scheme....

  17-Jun-2026

Diffusion launches new Ultra-Line 360 Fan Coil Unit

British heating and cooling equipment specialist Diffusion has launched the new Ultra-Line 360 fan coil unit (patent-pending) designed specifically for exposed-ceiling applications....

  18-Jun-2026

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards 2026