Ray O’Rourke says Laing O’Rourke will float ‘by 2024’

By Dave Rogers2021-08-31T05:00:00

13Dec19RayORourkePowell-9.5.18-Laing O'Rourke-3

Firm to go public once successor for 74-year-old founder is secured

Laing O’Rourke founder and chief executive Ray O’Rourke has said the firm is planning a stock exchange listing by 2024, bringing to an end more than 40 years of family control.

O’Rourke founded R O’Rourke & Son in 1977 as a concrete subcontractor but broke through into the main contracting market in 2001 when it caused shockwaves in the industry by snapping up Laing Construction from John Laing for £1, later changing the name to Laing O’Rourke.

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