Carillion
Sign in to saveAlso known as Carillion plc
Carillion plc was a British multinational construction and facilities management services company headquartered in Wolverhampton in the United Kingdom, prior to its liquidation in January 2018.
Key facts
- Company.name
- Carillion plc
- Company.logo
- carillion.png
- Company.type
- Public limited company
- Company.fate
- Compulsory liquidation
- Company.foundation
- (demerger from Tarmac)
- Company.location
- Wolverhampton, West Midlands, United Kingdom
- Company.industry
- Construction, civil engineering, facilities management
- Company.revenue
- £5,214.2M (2016)
- Company.operating_income
- £235.9M (2016)
- Company.net_income
- £129.5M (2016)
- Company.num_employees
- c. 43,000; with 19,000 in the UK (2016)
via Wikipedia infobox
~80 min read
Encyclopedic overview
34 sectionsContents
- History
- Foundation
- Acquisitions
- Blacklisting involvement
- Financial difficulties
- Liquidation
- Direct impacts of liquidation
- Suppliers
- Employees
- Pensioners
- Clients and projects
- Joint venture partners
- Lenders
- Non-UK operations
- Political impacts of liquidation
- Parliamentary investigations
- Parliamentary inquiry reports
- National Audit Office investigations
- Legal actions
- Accounting investigations
- Actions against KPMG
- Actions against former Carillion directors
- Call for criminal investigation
- Wider impacts on UK industry
- End of PFI
- Operations
- Board of directors
- Problem contracts and prosecutions
- Major projects
- Awards
- See also
- Notes
- References
- External links
Carillion plc was a British multinational construction and facilities management services company headquartered in Wolverhampton in the United Kingdom, prior to its liquidation in January 2018.
Carillion was created in July 1999, following a demerger from Tarmac. It grew through a series of acquisitions to become the second largest construction company in the United Kingdom, was listed on the London Stock Exchange, and in 2016 had some 43,000 employees (18,257 of them in the United Kingdom). Concerns about Carillion's debt situation were raised in 2015, and after the company experienced financial difficulties in 2017, it went into compulsory liquidation on 15 January 2018, the most drastic procedure in UK insolvency law, with liabilities of almost £7 billion.
Excerpted from Wikipedia’s “Carillion” article, available under the CC BY-SA 4.0 licence.