Kier makes double sale and invests in JV

Construction, services and property group Kier, which recently conducted a strategic review of its plant business, has sold its temporary accommodation business and its mechanical plant and small tools unit.

Construction, services and property group Kier, which recently conducted a strategic review of its plant business, has sold its temporary accommodation business and its mechanical plant and small tools unit.

The small tools unit was sold to Ashtead Plant Hire for a maximum total consideration of £4.01m, of which £3.76m was paid in cash on completion.

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