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Tag Archives: Interserve

Sutherland steps down at Interserve

Dougie Sutherland, Managing Director of Interserve’s development division has stepped down from the Board of Directors with immediate effect, a week after a major shareholder of the company called for the removal of eight board members, which included Sutherland. Sutherland ...

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Interserve agrees rescue plan with its lenders

Interserve has announced in a statement that key commercial terms of its Deleveraging Plan have been agreed in principle with all of the company’s lenders, bonding providers and the Pension Trustee. The Board believes the Deleveraging Plan which is expected to ...

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Prime acquires full shares in Interserve Prime

Health and care property firm, Prime, has completed a deal to purchase full shares in joint venture company Interserve Prime. Moving forward, the business, which is currently involved in three strategic estates partnerships with NHS Foundation Trust at University Hospital ...

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Interserve offloads Dunbar Energy Recovery Facility to Viridor

Interserve has handed over the first of its four energy-from-waste (EwF) plants. The support services and construction company and its project partner Babcock & Wilcox have handed over the Dunbar renewable energy plant project to Viridor Enviroscot Ltd, which was originally ...

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Interserve announces progress on its Deleveraging Plan

The Interserve Board has today (21 December) provided an update on its Deleveraging Plan. In its announcement, the international support services and construction company has stated that it continues to be in “constructive discussions with its lenders, who are fully supportive of ...

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Interserve merges divisions

Interserve has merged its Citizen Services division with its Support Services division in order it says ‘to establish a stronger, simpler and more efficient support services offering’. Citizens Services, which embraces Justice, Interserve Learning and Employment and Interserve Healthcare, has ...

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Interserve in £25m hospital win

Interserve has been awarded a £25 million contract by Cwm Taf University Health Board, as part of the next phase of the £36 million redevelopment of Prince Charles Hospital in Merthyr which is funded by Welsh Government. Work is due ...

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Interserve shares plunge as rescue plans revealed

Following speculation over the weekend, including a piece in the Financial Times that reported Interserve is in rescue talks as its tries to avoid the fate of Carillion, its shares plunged more than 70 per cent. The support services and ...

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Interserve’s green agenda making a positive impact

Interserve has received praise from clients for its wide range of initiatives which are helping to improve the company’s environmental footprint. The international support services and construction group has worked with the Foreign and Commonwealth Office (FCO) to achieve significant ...

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Interserve remains on track

Interserve has provided an update on trading for the first nine months of the year ending 31 December 2018, which sees the Group continuing to trade in-line with management’s expectations. The implementation of the Group’s strategy and the Fit for Growth ...

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