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

Chancellor visits Kensa and champions Cornwall’s green growth opportunity

The Chancellor of the Exchequer, Rachel Reeves, visited Truro-based ground source heat pump manufacturer Kensa to hear from Cornish businesses driving green growth and investment, and take part in a roundtable to discuss their role in Britain’s ...

  30-Jul-2025

Clivet presents LARICE: invisible comfort that enhances the wellbeing of your home

LARICE is the name of the new range of ductable fan coils by Clivet, conceived to bring natural, silent and tailor-made comfort to any domestic environment....

  30-Jul-2025

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
BESA Industry Awards