Fitzgerald Civil Engineering Contractors Returns to Private Ownership in its’ 65th Year.
Birmingham based Fitzgerald Contractors Limited is celebrating its 65th year of trading by the completion of its acquisition from Bouygues Bâtiment International by Managing Director, Nick Coley.
The business was formed in 1948 when it began to establish its enviable reputation for quality and service in infrastructure, public realm and civil engineering schemes. In 1993 the business was bought by the Thomas Vale Group and continued to trade and develop as an independent business within the Group. The Thomas Vale Group was recently acquired by one of the world’s largest construction business Bouygues Bâtiment International and the deal has now been completed to return Fitzgerald to private ownership.
Throughout its 65 years the business has developed long-lasting relationships with its clients across the Midlands and wider regions, with its ability to undertake a broad range of infrastructure projects encompassing groundworks, civil engineering structures, roads, car parking, pedestrianisation, hard landscaping and associated specialist areas such as speed cameras and road signage.
Fitzgerald has worked with many blue chip clients and local authorities to create an extensive portfolio of work. Local flagship projects include; the remodelling of external steps and public areas in The Mailbox, a new science garden at the ThinkTank Birmingham, extensive works in West Bromwich for Sandwell Council, the new RSC in Stratford and most recently the re-profiling of the carriageway at the 5 ways junction Hagley Road.
Nick, who was appointed to the Fitzgerald Board in 2008, will continue as Managing Director and the Senior Management Team will remain in place; in addition David Newcombe, formerly Group Finance Director of Thomas Vale, will be joining the company in the role of Non-Executive Chairman.
Nick Coley commented: “Fitzgerald is a £24 million company, employing over 100 local people. I am delighted to have completed the acquisition of the company and am confident that as an Independent Company we will be able to offer an even greater top-down commitment and focus to our clients, It will also present us with many opportunities to deliver business growth and enhance client care and project delivery.
It is a great achievement to be celebrating our 65th anniversary and the acquisition will present a new chapter in our history; Our financial standing remains extremely strong.; we have a strong balance sheet with no borrowings and insurance and bonding facilities have already been arranged and are in place.”