Selling infrastructure was right thing to do, says Osborne chief as firm nosedives into red

andy steele new

Firm racks up near £14m loss in latest accounts

Osborne put its infrastructure business up for sale to concentrate on its development, property maintenance and offsite construction work instead, its chief executive Andy Steele has told Building.

The business, which was put on the market last Christmas, was sold to London private equity firm Sullivan Street Partners for an undisclosed sum in August.

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