Amey plc

Amey plc
Company typePrivate
IndustryEngineering
Founded1921 (1921)
HeadquartersChancery Exchange, 10 Furnival Street, London, United Kingdom, EC4A 1AB[1]
Key people
Lord Moynihan (chair)[2]
Andy Milner (CEO)[3]
ProductsSupport services
Revenue£1.4 bn[4]
OwnerBuckthorn Partners and One Equity Partners
Number of employees
11,000[4]
Websiteamey.co.uk

Amey plc, previously known as Amey Ltd and Amey Roadstone Construction, is a United Kingdom-based infrastructure support service provider.

Amey was founded by William Charles Amey in 1921. The firm grew rapidly during the Second World War via government infrastructure contracts. In 1959, it was contracted to supply gravel for the construction of the M1 motorway. During 1963, Amey was listed for the first time on the London Stock Exchange. Between 1972 and 1989, the company was owned by Consolidated Gold Fields. In 1995, Amey was refloated on the London Stock Exchange. Around this time, management decided to orientate the company towards support services delivery activities. In April 2003, Amey was acquired by the Spanish infrastructure services company Ferrovial.

During the early 21st century, Amey diversified into various market sectors, including criminal justice and railways. Between 2003 and May 2010, the company jointly operated the Tube Lines consortium with partner Bechtel, which was responsible for maintaining, renewing and upgrading the infrastructure of three London Underground lines. As of 2021, the firm operates the Docklands Light Railway and the Manchester Metrolink tram concessions in partnership with Keolis. Amey also operates within the civil engineering industry as a consultant, typically performing activities such as structural design, civil infrastructure, transport systems and asset management services.

Put up for sale by Ferrovial in December 2018, Amey was sold to private equity firms Buckthorn Partners and One Equity Partners in October 2022.

  1. ^ "Contact Us".
  2. ^ Cite error: The named reference Stein-23Jan2023 was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference TCI-04Jan2023 was invoked but never defined (see the help page).
  4. ^ a b Cite error: The named reference Prior-11Oct2022 was invoked but never defined (see the help page).

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search