Structure Tone London managing director departs

Aaron Morby 3 years ago
Share

Danny Blakestone, managing director of London fit-out and refurbishment specialist Structure Tone, has left the business.

Blakestone joined the £100m turnover London fit-out contractor in June 2020 from ISG where he had spent 16 years latterly as managing director of engineering services, growing the division from a standing start to £400m in four years.

He was brought in by US owners STO Building Group as part of a new management team investment to turn the business around after several years of losses.

Blakestone bought several former ISG colleague with him to run the business, including now commercial director Justin Fahy and Richard Irwin now sales & marketing director.

But despite the effort to turn the business around losses rose to £9.2m in the year to December 2020 from a loss of £3.5m and £7.9m in 2019 and 2018 respectively.

Bill Frederick from the US business is currently now overseeing the London operations as managing director.

Before taking on the role in London, he served as an executive in Pavarini McGovern, an STO Building Group company focused on new building construction in New York City.

A spokesman for Structure Tone said: “By mutual agreement, Danny Blakeston has left Structure Tone and his role as managing director of our London office.

“We thank Danny for his service to our firm, and we wish him the best.

“Our London office continues to be a key location in our business strategy, and we remain committed to our London team and our valuable London-based clients.

“Our fit-out and refurbishment divisions will continue their ambitious investment programme for London.”

Established 32 years ago, Structure Tone (UK), delivers projects up to £75m, although its core business involves contracts under £5m for clients who are renovating or expanding their facilities.

Latest news

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

Corrupt building bosses and E.ON project chief and QS sentenced
18 hours ago

1,650 former ISG staff launch legal claims

Redundancy Payment Service facing payout of more than £9m
21 hours ago

Plans lodged for £1bn cancer research centre in Sutton

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

London Met Uni seeks firm for £284m estate revamp

Contractor wanted to deliver capital works and FM
4 hours ago

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

Birmingham council development agreement paves way for 2028 Ladywood start
1 day ago

Tilbury Douglas boosts margin to 2.1% as profits double

Firm targets 3.5% margin by 2029 under new business plan
24 hours ago

Subbies battle for fastest bricklayer title

Winchmore management team go back on the tools
1 day ago

Green light for revised McLaren Reading revamp

Mixed-use plans to transform Broad Street Mall site
4 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
1 day ago

Unite signs £390m student beds JV with Manchester Met

Construction at Cambridge Halls site to start next year
1 day ago

Turkish contractor Limak to build new Luton Town stadium

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

Kitchen fitter crushed to death by concrete blocks

House builder goes into liquidation before court case
1 day ago

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

Housing upkeep contractor achieves 100% renewal rate in bust rebid period
1 day ago

Murphy on board at new £32m rail station

Construction to start next year at Golborne station
2 days ago

HS2 engineers finish UK’s heaviest bridge slide early

A46 Kenilworth Bypass reopens 30 hours earlier than planned
2 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
2 days ago

New BAM leisure centre pool springs a leak

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

United Living lands £250m HyNet pipeline deal

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

Hydrogen diggers get green light to use roads

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

Go-ahead for McAleer & Rushe Glasgow student job

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

Fly-tippers to get their vehicles crushed

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

Green light for £150m West End office revamp

Shaftesbury Avenue office retrofit retains 75% of original building
3 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
3 days ago

JJ Rhatigan UK profit jumps as turnover tops £150m

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

Driverless digger to be used on Taylor Woodrow site

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

MCS Build lands Basingstoke warehouse scheme

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

Leeds United unveil stadium revamp design

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

Contractor services