Ex-Kier chief joins fire suppression firm

Grant Prior 4 years ago
Share

Former Kier CEO Haydn Mursell has been appointed chair of Hull-based water mist fire suppression business iMist.

The appointment follows a £4.5m investment by private equity firm Foresight Group in January.

The business was founded in 2015 and  has developed its own range of high-pressure water mist fire suppression systems for domestic and larger residential properties.

Mursell said: “The need for innovative fire suppression systems which can be quickly, easily and cheaply installed in both new and existing buildings, is a major issue for the industry and iMist has a solution.

“The move from a sprinkler to a misting system is a natural evolution which gives the end-user a number of benefits, particularly in terms of being more environmentally-friendly as they significantly reduce the amount of water required.

“IMist has a sound business model and good market conditions to accelerate its growth, along with the backing from Foresight Group to enable them to realise their vision.

“Managing director Tony Sims is supported by an extremely knowledgeable management team who have ensured that every relevant safety and quality accreditation has been achieved, and also established an impressive R&D capability.

“I immediately like their down-to-earth, honest approach to running the business and felt that with my industry experience and large company background, I could really add value from advising on the best path for growth and overcoming some of the challenges that come with rapid expansion, to corporate governance and measuring business performance.”

Tony Sims, managing director of iMist, said: “Haydn has an impressive track record as an experienced CEO, CFO and board adviser, and brings a wealth of skills having worked for some of the best-known construction and infrastructure groups in the UK.

“Following our recent PE investment, iMist is now embarking on the next stage in its development and we believe that Haydn will have a pivotal role to play as we optimise the current regulatory opportunity in order to drive further growth and development activities across the UK.”

During his tenure at Kier, Mursell increased the revenue and people threefold following a series of complex acquisitions.

He resigned in January 2019 after coming under pressure from shareholders amid mounting debt levels.

Latest news

Balfour Beatty terminates Danny Sullivan labour deals

Around 500 workers on HS2 will be moved to alternative agencies or be taken on direct
1 day ago

Trio face prosecution after Hinkley site death

Main contractors and client to face charges over death of site supervisor
1 day ago

Buyers see recovery in house building sector

But civil and commercial work still in the doldrums
2 days ago

Apprentice saws-off thumb on hotel refurb site

Court hears how digit was reattached and teenager continued training with another firm
2 days ago

Laing O’Rourke tops June contracts league

£919m animal super lab dominates new orders
2 days ago

TSL turnover smashes £500m as profit almost trebles

Data centre and logistics contractor rises high on surging demand
2 days ago

Gleeson Homes chief exec leaves business after restructure

Management revamp after "challenging" year
2 days ago

Green light for 1,600-home Oldham town centre overhaul

Plans for over 1,600 homes across six regeneration sites approved
2 days ago

DSM wins Norwich city centre clearance job

Anglia Square shopping centre clearance for £300m scheme
2 days ago

13-year-old becomes UK’s youngest qualified digger driver

Grandson of Gallagher Group chairman sets industry record
2 days ago

Cubby reborn in £12m Svella-backed takeover

£50m revenue target set as 14 firms combine under new Cubby Group banner
3 days ago

North East NHS trusts plot £3bn health estate overhaul

Market engagement begins for major construction push across four trusts
3 days ago

HG goes green on cranes in £1.2m switch to battery power

Diesel-free crane drive cuts fuel bills by 94%
3 days ago

Developer fined £165,000 for fire safety failings

Firm ignored fire safety orders on apartment job in Preston
3 days ago

Bidding to start for £1.8bn North West framework

Contractors invited to bid for latest Procure Partnerships deal
3 days ago

Hill hits record £90m profit as homes pipeline swells

Build-to-rent push and £4.8bn contracting book to fuel next growth phase
3 days ago

Rayner unveils £39bn plan to build 300,000 social homes

Council building revival and rent reform feature in social and affordable homes plan
4 days ago

Keltbray bounces back with £3.2m profit

Tighter controls and smarter project selection fuel strong turnaround
4 days ago

VINCI JV wins 500-home twin town centre revamps

Chester Northgate phase 2 and Northwich Weaver Square schemes move to delivery stage
4 days ago

80 energy projects unlocked as Ofgem backs grid expansion

£24bn energy networks deal gets green light from regulator
5 days ago

How to see your stories on the Enquirer

Join our Suppliers and Buyers directory to get your news published
4 days ago

Henley lands Midland Mill revamp on Leeds tower scheme

Restoration of 18th-century mill kicks off on South Bank regeneration project
4 days ago

New boss at Eric Wright Civil Engineering

Gavin Hulme takes top job as Diane Bourne moves to group role
4 days ago

Pinewood submits £1bn data centre plan

Studio giant adds green and learning spaces to tech hub blueprint
5 days ago

Record results after TClarke goes private

Britain's biggest M&E contractor flourishes after de-listing
5 days ago

Dalkia lands £200m nuclear maintenance deal

1,000 nuclear FM staff to join M&E contractor
5 days ago

Construction comeback to outpace wider economy

Arcadis forecast fueled by spending review optimism
6 days ago

First steel goes up on giant car battery site

Severfield gets to work on McAlpine Somerset site
6 days ago

Permasteelisa wins cladding deal on Bovis city tower

Facade specialist lands package at 60 Gracechurch Street
5 days ago

Fox buys recycled asphalt specialist Fisher

Acquisition adds major recycled asphalt capacity in north west
5 days ago