Morrisroe tells Skanska it wants too much for piling arm and pulls bid

By Dave Rogers2019-01-15T06:00:00

Swedish firm understood to have put £55m asking price on Cementation

Building understands that Skanska’s up for sale piling arm is still up for grabs after the frontrunner to buy the firm pulled out judging the £55m asking price too high.

London concrete frames specialist Morrisroe, headed up by company founder Brian Morrisroe, was tipped to buy the 300-strong Cementation business at the end of November.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community