MBO at £100m fit-out firm Collins Construction

Aaron Morby 6 years ago
Share

Six directors of South East refurbishment and fit-out specialist Collins Construction have completed the final phase of a management buy-out of the £100m revenue business.

Warren says move paves the way for next generation of leaders
Warren says move paves the way for next generation of leaders

As part of the MBO, which started in 2017, Jason Warren has replaced Chris Bartram as managing director who will now take a sideways move along with fellow veteran Mark Dockery.

Both will retain a shareholding and become non-executive directors with the remainder of the Croydon-based company owned by the board of directors.

L-R: Bartram and Dockery sell a majority of shareholdings and take non-executive roles

The change in structure has been implemented to allow for future succession planning and to provide increased opportunity for career progression across the business.

Warren has been with Collins for six years, and has been instrumental in developing the company’s reputation in the refurbishment market.

He will be supported by board directors Mary Brooks, Stuart Johnson, Steve Davies, Max Barrett and Colin Payne.

Established in 1956, Collins Construction currently has 160 employees and operates predominantly across London and the south-east delivering refurbishment and fit out across the workplace, healthcare and leisure sectors.

Recent projects include a fit-out for Landsec’s new concept MYO, a £12m refurbishment for Total Office Group, the Wimbledon Tennis Museum, and on-going fit outs for Kirkland & Ellis in The Gherkin.

Warren said: “This is an exciting time for Collins Construction and an opportunity to pave a way for the next generation of leaders.

“I am honoured to be taking over as managing director from Chris who has been at the helm for 30 years.”

Latest news

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 day ago

1,650 former ISG staff launch legal claims

Redundancy Payment Service facing payout of more than £9m
2 days ago

Plans lodged for £1bn cancer research centre in Sutton

London Cancer Hub will deliver around 1m sq ft of lab and research space
20 hours ago

London Met Uni seeks firm for £284m estate revamp

Contractor wanted to deliver capital works and FM
21 hours ago

Delayed £2bn estate rebuild back on as Berkeley signs deal

Birmingham council development agreement paves way for 2028 Ladywood start
2 days ago

Tilbury Douglas boosts margin to 2.1% as profits double

Firm targets 3.5% margin by 2029 under new business plan
2 days ago

Subbies battle for fastest bricklayer title

Winchmore management team go back on the tools
2 days ago

Green light for revised McLaren Reading revamp

Mixed-use plans to transform Broad Street Mall site
21 hours ago

Three arrested in Blu-3 and Mace bribery probe

Serious fraud office swoops over alleged £3m bribes to former Mace associates
2 days ago

Scotland’s most complex A9 dualling job heads to market

Market testing starts for £205m Pitlochry to Killiecrankie 6.4km upgrade
2 days ago

Unite signs £390m student beds JV with Manchester Met

Construction at Cambridge Halls site to start next year
2 days ago

Turkish contractor Limak to build new Luton Town stadium

Construction to start this summer on 25,000-seater venue
3 days ago

Kitchen fitter crushed to death by concrete blocks

House builder goes into liquidation before court case
2 days ago

Mears clinches £230m renewal for key Milton Keynes housing deal

Housing upkeep contractor achieves 100% renewal rate in bust rebid period
2 days ago

Murphy on board at new £32m rail station

Construction to start next year at Golborne station
3 days ago

HS2 engineers finish UK’s heaviest bridge slide early

A46 Kenilworth Bypass reopens 30 hours earlier than planned
3 days ago

Bowmer + Kirkland to build £190m Oxford science scheme

Work to start at end of next month on 180,000 sq ft Fabrica scheme
3 days ago

New BAM leisure centre pool springs a leak

Contractor investigating "technical issues" delaying new £36m green leisure centre
4 days ago

United Living lands £250m HyNet pipeline deal

Firm wins deal to design and build over 34km of pipework to collect CO2
3 days ago

Hydrogen diggers get green light to use roads

JCB hails historic decision for advance of hydrogen-fuelled plant on sites
3 days ago

Go-ahead for McAleer & Rushe Glasgow student job

£100m funding deal paves way for 591-bed student tower
3 days ago

Fly-tippers to get their vehicles crushed

Drones will be used to identify cowboy construction waste operators
3 days ago

Green light for £150m West End office revamp

Shaftesbury Avenue office retrofit retains 75% of original building
4 days ago

Morgan Sindall lands £30m Brunswick Wharf scheme in Bideford

North Devon waterside project will provide 100 flats
3 days ago

Former Keltbray managers jailed after corruption trial

Jail sentences following bribery probe on jobs including Battersea Power Station
4 days ago

Lidl pumps £500m into store and logistics expansion

Discounter plans 40 new stores this year as expansion ramps up
4 days ago

JJ Rhatigan UK profit jumps as turnover tops £150m

Irish contractor's expansion in England gathers pace
4 days ago

Driverless digger to be used on Taylor Woodrow site

Autonomous excavator to work at Manchester Airport after successful trial
4 days ago

MCS Build lands Basingstoke warehouse scheme

Construction starts this month after £26m funding deal
4 days ago

Leeds United unveil stadium revamp design

Club has still to set a timeframe for staged Elland Road upgrade
4 days ago

Contractor services