J Murphy & Sons Limited has announced it has acquired Carillion’s UK power framework business for an undisclosed sum.
The agreement means Murphy takes over Carillion’s position on National Grid’s electricity overhead lines, substation and underground cable framework contracts.
John Murphy, CEO at Murphy, said: “This represents an excellent strategic fit for the business, allowing us to bring a full range of services across the power sector for our customers both in the UK and internationally”.
David Brewer, Group Strategy Director, added: “At Murphy, we believe that private ownership creates a natural alignment of the interests of our customers, owners, employees and suppliers. We all benefit from a sustainable business, managed for the long term. Our success is founded on strong values and investing to develop deep engineering and direct delivery capability. This is an environment where the power business we have acquired today can thrive”.
Carillion employees will join Murphy, broadening the energy infrastructure services offered to their power customers. This expertise now includes designing and installing overhead power lines, substations and major underground systems, complementing existing capabilities in civil engineering and tunnelling.