Bovis

Lendlease Construction (Europe) plunged to a £16.4m pre-tax loss last year after making more than £30m in provisions against legal claims. The contractor – last week renamed Bovis Construction (Europe) following its sale to US private equity giant Atlas Holdings – published results showing it dropped into the red in the 12 months to 30

Images from bovis.com Under new ownership, Lendlease UK is returning  to its old brand name of Bovis, hailing back to the company’s founding in 1885. The £35m sale was announced in January and completed today on satisfaction of conditions. Atlas Holdings’ portfolio of companies includes cladding specialist Permasteelisa and US steel fabricator Veritas Steel. The

The buyer of Lendlease’s UK construction business intends to resurrect the Bovis brand name but is not planning a major restructure of operations, Construction News understands. A week ago, Lendlease Group announced it had reached an agreement to sell its UK construction operations to US private equity firm Atlas Holdings for £35m. A source told