AMEC sells facilities-services business

AMEC has sold its building and facilities-services business (BFS) to SPIE SA for a cash consideration of £117 million. In 2006, BFS generated revenues of £333 million, with a profit before interest, tax and intangible amortisation and exceptional items of £10 million. Gross assets were £56 million.



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Heat network confidence outpaces progress in social housing

Baxi surveyed 100 housing associations and 102 local authorities and councils responsible for managing or operating heat networks this summer, alongside in-depth interviews with five housing associations, a heat network consultant and heat network contractor.

Signify showcases F1 lighting partnership at Brackley campus

MBS Features Editor Russell Drury was among a group of journalists from across Europe invited to visit the Mercedes-AMG PETRONAS Formula One Team’s headquarters in Brackley, where Signify showcased its partnership with the team and the shared focus on innovation and sustainability.