Business

Powerlines takes over Carillion stake in joint venture

By 2018-03-26T08:00:00

Powerlines Group has taken over the 50% stake in the Carillion Powerlines Ltd joint venture which had been held by Carillion plc.

UK: Powerlines Group has taken over the 50% stake in the Carillion Powerlines Ltd joint venture which had been held by insolvent construction company Carillion plc, giving it 100% ownership. Carillon employees working at Carillion Powerlines Ltd will now be transferred to Powerlines Group’s British subsidiary SPL Powerlines UK, securing ...

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