As Kier pares back, Willmott Dixon boss rules out acquisitions because ‘you never know what you’re buying’

Riverside House Southwark Bridge mid

Firm sees pre-tax jump by more than half

Willmott Dixon has said it has no plans to grow its business through acquisition because firms never know what they’re buying.

Just 48 hours after Kier executive Andrew Davies blamed a drastic cost-cutting programme on that firm’s spending spree of the past few years, Willmott Dixon group chief executive Rick Willmott said it hadn’t splashed out on a rival for nearly three decades.

 

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