- Morrison Facilities Services
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Morrison Facilities Services plc 
Type Subsidiary Founded 1948 Headquarters London, Euston Products Repairs and Maintenance Revenue £14,528 million (2009) Operating income £670 million (2009) Net income £460 million (2009) Employees 3,321 (2009) Website www.morrisonplc.com Morrison Facilities Services plc is a United Kingdom-based Public Limited Company that specialises in providing facilities services to private businesses and central and local government bodies. The core area of the business is the repairs and maintenance of social housing. Morrison is responsible for the maintenance of more than 400,000 properties in the UK.[1] It is a subsidiary of Anglian Water Group.
Contents
History
Morrison was originally founded by the Morrison family in 1948 in Tain, Scotland, as Morrison Construction.[2] In the 1980s, 80% of the company was sold to Charter Consolidated, with the Morrison family retaining 20% of the ownership.[3] During 1989, the Morrison family repurchased the 80% of the business sold to Charter Consolidated earlier that decade, and also acquired the businesses of Biggs Wall and Shand Construction. These businesses merged to form a single Morrison Construction.[3] .
In 1995, Morrison Construction listed on the London Stock Exchange as Morrison Construction Plc. Morrison Construction was purchased by AWG Plc in 2000 and therefore Morrison Construction Plc became de-listed.[4]
The construction division of the business was sold to Galliford Try in March 2006, and as a result the company split into two divisions, Morrison Facilities Services and Morrison Utilities Services.[5]
In March 2008, AWG sold the Utility Services division to two private equity firms, Cognetas and Englefield Capital for £235m.[6]
Current operations
Morrison FS has several contracts and subsidiaries nationwide, split into five regions: London & South; Midlands; East; North West; and Scotland & North. Below is a list of current operations across the UK.
Contract Name Region Area Morrison Crawley London & South Crawley, London Morrison Hackney London & South Hackney, London Morrison Havering London & South Havering, London Morrison Lambeth London & South Lambeth, London Morrison Paragon London & South Paddington, London Morrison Redbridge London & South Redbridge, London Morrison Southwark London & South Southwark, London Morrison Tower Hamlets London & South Tower Hamlets, London Morrison Birmingham Midlands Birmingham Morrison Gloucester Midlands Gloucester Morrison Tamworth Midlands Tamworth, Staffordshire CityCare Norwich East Norwich, Norfolk Morrison Cambridge East Cambridge Manchester Working North West Manchester Morrison Riverside North West Liverpool, Merseyside Maintenance & Property Care Scotland & North Lanarkshire Morrison Tannochside Scotland & North Tannochside See also
References
- ^ New Chief Executive at Morrison 24dash.com, 17 October 2008
- ^ Morrison Construction Company Profile Linkedin, 21 July 2009
- ^ a b Morrison float to bolster builders The Independent, 29 August 1995
- ^ AWG sues Morrison Chiefs over 'misrepresentation' Guardian, 5 February 2003
- ^ AWG sells building arm to Galliford Telegraph, 2 March 2006
- ^ AWG sells Morrison utilities services division Herald, 8 March 2008
External links
Categories:- Companies established in 1948
- Companies based in London
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