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Kier Group plc

Posted on August 26, 2020August 26, 2020

Kier Group plc is a UK construction, services and property group active in building and civil engineering, support services, public and private housebuilding, land development and the Private Finance Initiative.

Founded in 1928 in Stoke-on-Trent it initially specialised in concrete engineering before expanding into general contracting and house-building. Kier was listed as a public company on the London Stock Exchange from 1963 until it was acquired by Beazer in 1986. After a period under the ownership of Hanson plc, it was bought out by its management in 1992, expanded its housing interests, and was relisted on the London Stock Exchange in 1996. During the early 21st century, it expanded through acquisitions, and in September 2018 Kier was ranked, by turnover, as the second biggest UK construction contractor, behind Balfour Beatty. It was a constituent of the FTSE 250 Index until its share price plunged following a failed rights issue in late 2018, after which it started a restructuring, cost-cutting and disposals programme.

Type:                     Public limited company

Traded as:           LSE: KIE

Industry:              Construction, Civil engineering, Support services, Property management

Founded:            1928

Headquarters    81 Fountain Street, Manchester

Website:              www.kier.co.uk

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