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The information below comes from the UK Activity Report.
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Babcock Babcock International has acquired Weir Strachan & Henshaw, the engineering design and project management firm, for £65m. 22-Apr-2008 Babcock International has reached agreement to acquire the Devonport naval dockyard in Plymouth for £350m, but still requires approval from the Ministry of Defence. 10-May-2007 Babcock International is to acquire International Nuclear Solutions, the nuclear engineering services company, in a £39m deal. 05-Apr-2007 Babcock International has acquired the ABB high-voltage power lines and mobile telecoms business in South Africa for £4.5m. 14-Jun-2006 Babcock International has acquired Alstec, the Leicestershire-based nuclear and airport services company with 1,200 staff throughout the country, for £45m. 10-May-2006 Babcock International has sold three businesses to management buy-outs, including IETG, the manufacturer of flow monitoring equipment, EPS, the German site services company and Eve Trakway, the site access equipment supplier. 12-Apr-2006 Babcock is to recruit 450 new apprentices at Rosyth dockyard over the next few years, in order to produce the Royal Navy's new generation of aircraft carriers. 24-Jan-2006 Babcock is to shed a further 320 jobs at the Rosyth Dockyard in Fife, taking the workforce down to 1,200. 22-Mar-2005 Babcock International has acquired Turner & Partners, the provider of construction management services to mobile telecom network operators, for £4m. 13-Sep-2004 Babcock International is to shed 290 jobs at the Rosyth dockyard in Fife, reducing the workforce to 1,500. 26-Jul-2004 Babcock Defence Services is to shed 60 maintenance jobs at RAF Valley on Anglesey. 08-Apr-2004 Babcock International and Bovis Lend Lease have won a £480m contract from the Ministry of Defence to maintain buildings in the south-west. 30-Mar-2004 Babcock International is to acquire Peterhouse, the rail and telecoms maintenance company, for £106m. 23-Mar-2004 Babcock International has sold BMH Marine, the Swedish supplier of ship unloading equipment, to Catella Private Equity for £1.7m. 10-Nov-2003 Babcock Naval Services is to shed 51 jobs at its facilities management operation at Faslane. 05-Nov-2003 Babcock BES is to shed 95 jobs at its Rosyth shipyard next month, following the completion of work on two submarines. 12-Mar-2003 Babcock International has sold BMH Chronos Richardson, the Nottingham-based weighing and packing group with about 100 staff, to Premier Tech of Canada for a nominal sum. 03-Dec-2002 Babcock International has won a £100m seven-year contract to supply electrical and electronic components to the Ministry of Defence. 02-Sep-2002 Babcock International has acquired Service Group International, the provider of support services to the Ministry of Defence, from Hg Capital for up to £27m. 06-Jun-2002 Babcock International has sold its cement handling business to Langley Holdings for £0.5m, and is now negotiating the sale of its AKI plasterboard drying equipment business. 03-Jan-2002 Babcock Engineering Services is to shed 366 jobs at its Rosyth shipyard in Fife. 06-Aug-2001 Babcock International is planning to sell about 150 acres of the Rosyth dockyard to allow for an extension of the Europarc business park. 21-Jun-2001 Babcock Rosyth Defence has confirmed an order worth more than £100m to refit the HMS Illustrious aircraft carrier, which will secure about 500 jobs at its Fife dockyard from November 2002. 07-Jun-2001 Babcock International is to buy the military support services division of Hunting for £61m, while Hunting has announced the £26m acquisition of the US pipe manufacturer Vinson. 16-Feb-2001 Babcock International is to take over maintenance management at the Faslane nuclear submarine base on the Clyde, as part of a government strategy to make savings at naval dockyards. 23-Jan-2001 Babcock International is to shed 250 of the 900 jobs at its Railcare subsidiary, which will affect sites in Milton Keynes and Glasgow, in order to make it easier to sell its 60% stake in the railway maintenance business. 14-Dec-2000 Babcock International has called off plans to sell its Railcare rail maintenance business to DaimlerChrysler for £9m, following the referral of the deal to the Competition Commission. 04-Dec-2000 Babcock International is looking to sell its materials handling division, which is worth about £70m, in order to focus on the supply of engineering and support services to the UK defence sector. 31-Jul-2000 Babcock Engineering is cutting 390 of the 2,750 jobs at its Rosyth naval dockyard in Fife, in order to improve competitiveness. 03-Jul-2000 Babcock International has established a new facilities management company called Babcock FM, which will operate out of its Rosyth base with the aim of identifying and then implementing cost-cutting strategies for clients. 19-Apr-2000 Babcock International is to shed 233 of its 3,000-strong workforce at Rosyth dockyard, due to a rundown in repair work. 11-Sep-1999 Babcock International is seeking acquisitions in the US and Germany to expand its materials handling division. 18-Jun-1999 Babcock International has sold its water engineering operations to Earth Tech of the US for £13m, which completes a three-year restructuring programme to focus on facilities management and materials handling. 03-Dec-1998 Babcock International has sold 60% of its remaining stake in Mitsui Babcock Energy to Mesco (UK) for £7.5m, and will invest the proceeds in core activities. 19-Sep-1998 Babcock International has bought AKI Dryer Manufacturers, the US producer of panel dryers for the building materials sector, for £4.5m. 09-Sep-1998 Amec has acquired Babcock International's process division excluding Water Engineering and BKW Eagleton for a nominal £1, and Babcock will take an exceptional charge of £18.6m. 16-Sep-1997 Babcock International is planning to sell its process engineering division, shut its dust recycling plant in the US, and pull out of Africa, in order to focus on facilities management and materials handling. 11-Jun-1997 Babcock International has won a £43m order to build a petrochemicals plant in Henan Province, China. 04-Feb-1997 Babcock International is acquiring the Rosyth Royal Dockyard in Scotland for up to £25m, having secured orders from the Ministry of Defence worth about £1bn. 26-Nov-1996 SCM Chemicals has awarded Babcock International a contract for a £75m expansion of its chloride process titanium dioxide plant at Stallingborough. 04-Mar-1996 Babcock International's process engineering division has won a number of new orders which will create up to 350 jobs at plants in Teesside and Crawley. 16-Feb-1996 Babcock International is planning a £9m reorganisation of its loss-making German materials handling activities. 24-Nov-1995 Babcock International has sold a 75% stake in its energy division to Mitsui Engineering & Shipbuilding of Japan, for £56m. 01-Sep-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2008