{"id":145257,"date":"2024-10-31T12:11:28","date_gmt":"2024-10-31T12:11:28","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=145257"},"modified":"2024-10-31T12:11:28","modified_gmt":"2024-10-31T12:11:28","slug":"vinci-construction-acquires-fm-conway","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/vinci-construction-acquires-fm-conway\/145257\/","title":{"rendered":"Vinci Construction acquires FM Conway"},"content":{"rendered":"

FM Conway<\/a>, which has been acquired by Vinci Construction for an undisclosed amount, generated an annual turnover of \u00a3580m in 2024<\/h2>\n

The FM Conway deal is expected to complete in early 2025.<\/p>\n

The company was founded in 1961 by Francis Michael Conway and has been owned by the Conway family since.<\/p>\n

They operate across England, particularly in the South East, on a variety of services such as roadworks, civil engineering, asphalt and binders\u2019 production as well as a range of specialist businesses including water and drainage management, lighting, cabling and traffic management.<\/p>\n

“The time is now right for the next chapter” of FM Conway’s story<\/h3>\n

Joanne Conway, CEO and executive group chair at FM Conway, said: \u201cWe\u2019re a proud family business that has grown considerably through sheer hard work and determination to become an industry leader and a significant part of the UK\u2019s critical infrastructure delivery.<\/p>\n

\u201cThe time is now right for the next chapter of our growth story. Beyond the obvious operational and commercial synergies, we share a set of values with Vinci and an approach to business that\u2019s about putting people first, doing great work, and respecting the communities we operate in.\u201d<\/p>\n

Scott Wardrop, chief executive of the UK division of VINCI Construction, said: \u201cThis acquisition is a clear indication of our ambition to strengthen our business, through greater self-delivery and grow the circular economy in our UK market sectors.<\/p>\n

\u201cFM Conway is an excellent commercial and cultural fit for us, especially for Ringway, Eurovia and Taylor Woodrow. It has a powerful heritage and we are privileged to be in a position to build on the Conway family\u2019s legacy. We\u2019re looking forward to working alongside the FM Conway team to take the business to the next stage.<\/a>\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

FM Conway, which has been acquired by Vinci Construction for an undisclosed amount, generated an annual turnover of \u00a3580m in 2024.<\/p>\n","protected":false},"author":25,"featured_media":145287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[285],"tags":[806],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-145257","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hr-skills-news","8":"tag-road-improvements"},"acf":[],"yoast_head":"\nVinci Construction acquires FM Conway | Planning, Building & Construction Today<\/title>\n<meta name=\"description\" content=\"FM Conway, which has been acquired by Vinci Construction for an undisclosed amount, 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