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Amey plc
Amey plc, previously known as Amey Ltd and Amey Roadstone Construction, is a British engineering company that specializes in infrastructure support services.
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.
Amey was founded in 1921 by William Charles Amey; it was initially based in Oxfordshire and acted as quarry operator. During the Second World War, the company experienced significant growth due to its involvement in fulfilling wartime demands, including an arrangement that saw Amey participate in the construction of multiple air bases on behalf of the Royal Air Force. In 1959, the company was responsible for the supply of gravel for the construction of the M1 motorway between London and Birmingham. During that same year, Amey became a public company.
It was first listed on the London Stock Exchange in 1963. Ronald William Amey took over the business from his father, and agreed the sale of the company in 1972. The family had a close association with Abingdon School, where the Amey Theatre is named after them. For a time, the Amey head office was in Sutton Courtenay, Vale of White Horse, near Abingdon. Between 1972 and 1989, the company was owned by Consolidated Gold Fields, and used the names Amey Roadstone and ARC. During this period, Amey Roadstone continued to undertake several major projects on behalf of the British government, included construction work at Mount Pleasant Airfield on the Falkland Islands, which was completed in 1986. In 1974, the company bought Stephen Toulson & Sons.
During 1989, Hanson purchased Amey Roadstone from Consolidated Gold Fields, returning the firm back to private ownership. In 1995, Amey was refloated on the London Stock Exchange; around this time, the company's management team made the strategic decision to focus its efforts upon the support services delivery sector. To this end, in 1999, Amey acquired Comax, a secure services specialist. One year later, the company's listing on the stock exchange was changed to 'support services' to reflect the business' new direction.
During April 2003, Amey was acquired by the Spanish infrastructure services company Ferrovial in a friendly takeover with the Amey trading name retained. A statement issued by Ferrovial noted that the purchase allowed it greater access to the lucrative British market, particularly for public–private partnerships. In February 2006, Amey acquired the highway and railway design consultancy, Owen Williams, allowing it to substantially grow its business and develop its own consultancy division.
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Amey plc
Amey plc, previously known as Amey Ltd and Amey Roadstone Construction, is a British engineering company that specializes in infrastructure support services.
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.
Amey was founded in 1921 by William Charles Amey; it was initially based in Oxfordshire and acted as quarry operator. During the Second World War, the company experienced significant growth due to its involvement in fulfilling wartime demands, including an arrangement that saw Amey participate in the construction of multiple air bases on behalf of the Royal Air Force. In 1959, the company was responsible for the supply of gravel for the construction of the M1 motorway between London and Birmingham. During that same year, Amey became a public company.
It was first listed on the London Stock Exchange in 1963. Ronald William Amey took over the business from his father, and agreed the sale of the company in 1972. The family had a close association with Abingdon School, where the Amey Theatre is named after them. For a time, the Amey head office was in Sutton Courtenay, Vale of White Horse, near Abingdon. Between 1972 and 1989, the company was owned by Consolidated Gold Fields, and used the names Amey Roadstone and ARC. During this period, Amey Roadstone continued to undertake several major projects on behalf of the British government, included construction work at Mount Pleasant Airfield on the Falkland Islands, which was completed in 1986. In 1974, the company bought Stephen Toulson & Sons.
During 1989, Hanson purchased Amey Roadstone from Consolidated Gold Fields, returning the firm back to private ownership. In 1995, Amey was refloated on the London Stock Exchange; around this time, the company's management team made the strategic decision to focus its efforts upon the support services delivery sector. To this end, in 1999, Amey acquired Comax, a secure services specialist. One year later, the company's listing on the stock exchange was changed to 'support services' to reflect the business' new direction.
During April 2003, Amey was acquired by the Spanish infrastructure services company Ferrovial in a friendly takeover with the Amey trading name retained. A statement issued by Ferrovial noted that the purchase allowed it greater access to the lucrative British market, particularly for public–private partnerships. In February 2006, Amey acquired the highway and railway design consultancy, Owen Williams, allowing it to substantially grow its business and develop its own consultancy division.
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