By Any deal to sell Keltbray’s infrastructure business would leave behind the building business under Group owner and executive chairman Brendan Kerr.
Speaking earlier this month about Keltbray’s economic status, Brendan Kerr said: “Keltbray’s business model has certainly been put to the test over the last four years, and I am pleased to report that it has served us well, making us an even stronger, more dynamic business today.
“I would like to thank everyone at Keltbray for their dedication and hard work. Their high levels of engagement have once again been instrumental to the business in producing a good set of results against a challenging backdrop.”
The infrastructure business reportedly boasts a strong order book
Chief executive Darren James sung the praises of the infrastructure business earlier this month, saying: “I am pleased with the group’s performance, particularly in key infrastructure markets such as energy transition and decarbonised transport, where secured work now exceeds £1bn. Our high-quality order book provides visibility and security of future workloads, keeping our projects safely on track and enabling us to deliver a record set of results.
“Our two division, one business structure, addresses a broad range of large and expanding UK end markets, all of which are adapting to key structural drivers such as social and political change, carbon neutrality, energy transition and supply chain challenges to name but a few. This plays to Keltbray’s strength and will bring further opportunities for the group.”
