Carillion plc is a British based construction services business headquartered in Wolverhampton. It was created in 1999 by a demerger from Tarmac, which was founded in 1901. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Wolverhampton is an industrial, commercial and university city and metropolitan borough in the English West Midlands, traditionally part of the county of Staffordshire. ... Tarmac, a portmanteau for tar-penetration macadam, is a type of highway pavement no longer commonly used. ... The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange located in London. ... The FTSE 250 Index is a capitalisation weighted index of 250 companies on the London Stock Exchange. ...
Carillion undertakes a range of construction projects, including roads and hospitals, and also specialises in the installation of technical systems for offices and laboratories. Most of its business is in the United Kingdom, but it also operates several other regions such as Canada and the Middle East. A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ...
Carillion has struggled for profitability in recent years and in the year ended 31 December 2004 it made a loss before tax of £6.4 million on turnover of £1,870.0 million.
In December 2005 it was announced that Carillion had made an offer to buy Mowlem, another UK support services firm, for £291 million. If this goes through the combined group is expected to have sales of around £4.1 billion.
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