August 24, 2016

Equistone Partners Europe Limited Acquires BFT Mastclimbing

Equistone Partners Europe Limited is known for being one of Europe’s leading mid-market private equity investors. The company has announced that they have invested in BFT Mast Climbing, which is a leading UK independent specialist for the specification, rental and installation of Mast Climbing Work Platforms, BFT Mastclimbing. Equistone has

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Asphalt acquisition investigated

The Competition & Markets Authority (CMA) is considering an intervention in the proposed acquisition of Pure Asphalt Company by IKO. IKO agreed terms with the shareholders of Pure Asphalt Company in April and had anticipated completing the deal by the end of July 2016. The CMA is now investigating the

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CMS Delivers for Groundbreaking Housing Development

Leading window and door designer, manufacturer and installer CMS Window Systems has completed work on a pioneering housing project in the north-east of England, which offers older and vulnerable residents the opportunity to retain their independence while providing them with the support services they require. With Northumberland’s population ageing faster

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Lendlease Gets £200m Contract for Blingtastic Apartment Block

Lendlease has won a £200m contract to build what will be one of the tallest, and probably glitziest, apartment blocks in London. Nine Elms Property Ltd, a subsidiary of Dubai developer Damac Internaional, has handed Lendlease the main construction contract for its £645m Aykon London One tower block, with interiors

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Issue 323 : Dec 2024

August 24, 2016

Equistone Partners Europe Limited Acquires BFT Mastclimbing

Equistone Partners Europe Limited is known for being one of Europe’s leading mid-market private equity investors. The company has announced that they have invested in BFT Mast Climbing, which is a leading UK independent specialist for the specification, rental and installation of Mast Climbing Work Platforms, BFT Mastclimbing. Equistone has announced that their now have a majority stake in the company and have invested in the Mast Climbing company alongside the current CEO and founder of the business Robin Head. The financial terms of this acquisition are undisclosed. BFT Mast climbing was first founded in Leighton Buzzard in 1997 and today has expanded to have a fleet of more than 650 motorised Mast Climbing Work Platforms. The business offers these platforms in order to deliver a cheaper, safer and more flexible alternative to the traditional scaffolding used on construction renovation and maintenance projects located around the UK. The company operate out of their central spot in Bedfordshire, while their experienced team carries out the specification, delivery and installation of MCWPs. The platforms can be used for light, medium and heavy duty requirements as well as the necessary training for users. Equistone Partners Europe has said that BFT Mastclimbing is an impressive family business which is run by an entrepreneurial management team that also operated in an unpenetrated market that has the potential for significant and rapid growth. The investment that has been made by Equistone will provide the further funding that BFT needs in order to increase their capacity and then expand their national coverage. The investment and expansion predicted by the company could help to convert more UK contractors to using the mast climbing technology on offer. This will allow the company to continue to offer a lower cost, safer and more flexible alternative to traditional scaffolding while looking to expand in the future.

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Asphalt acquisition investigated

The Competition & Markets Authority (CMA) is considering an intervention in the proposed acquisition of Pure Asphalt Company by IKO. IKO agreed terms with the shareholders of Pure Asphalt Company in April and had anticipated completing the deal by the end of July 2016. The CMA is now investigating the potential impact on competition in the industry Wigan-based IKO makes roofing and waterproofing materials; Pure Asphalt, based nearby in Bolton, is one of the leading mastic asphalt manufacturers in the UK, supplying products for roofing, flooring, paving and tanking. The CMA invites comments on the transaction from any interested party to carole.bowley@cma.gsi.gov.uk. Deadline for comments is 14th July 2016 and the expected decision date is 25th August 2016.     This article was published on 1 Jul 2016 (last updated on 1 Jul 2016). Source link

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HSL: Layers of Protection Analysis: Practical Application and Pitfalls (LOPA) – HSL Buxton, 19-20 Oct 2016

Book Course HSL is to run a 2 day course on Layers of Protection Analysis: Practical Application and Pitfalls (LOPA). 19 – 20 October 2016 Introduction Layers Of Protection Analysis (LOPA) is a risk assessment method used to determine and hence demonstrate the ability of existing and proposed safeguards to protect against identified hazard scenarios and to meet predetermined risk based criteria. The Process Safety Leadership Group (PSLG) prepared specific guidance for the applications of LOPA to determine the required safety integrity level (SIL) for overfill protection of highly flammable fuel storage tanks at sites similar to Buncefield. The course presenter was a member of the PSLG LOPA working group that developed the LOPA guidance. This course will draw on that guidance, its relevance to LOPA assessment in general, and pitfalls identified during the assessment of a large number of LOPA studies from the petrochemical industry. The course will cover: LOPA, uses and complexity When to use LOPA and when to consider QRA LOPA study prerequisites and preparation? LOPA target frequencies Human Factors Input data sources and uncertainty How to perform LOPA; LOPA rules and IEC 61511 requirements, scenario’s, conditional modifiers, enabling events, Independent protection/mitigation layers LOPA Outcomes; regulator expectations, ALARP considerations Example pitfalls associated with LOPA Case study examples Who should attend The course is aimed at those engineers, managers and safety professionals who have a basic knowledge of risk assessment possibly gained through HAZOP studies and PHA studies, who would like to have an understanding of the LOPA method and how to apply LOPA and the pitfalls commonly associated with this type of analysis. For example typical attendees could be: SHE managers Engineering Managers Operations personnel Engineers – Safety, EC&I, Process, Electrical and Mechanical Course presenter Dr Colin Chambers CEng MIET has 15 years experience at HSL, initially on the development of risk assessment methods for the assessment of safety related systems such as the SIL determination method in informative annex of BS EN 62061 and 11 years experience of risk assessment within HSL/HSE and as a COMAH technical assessor. Dr Chambers was a member of the PSLG working group that developed the PSLG LOPA guidance and was part of the CA team charged with assessing post Buncefield LOPA studies Dr Chambers has written peer reviewed papers and HSE reports on issues associated with LOPA and given numerous presentations at venues in the UK and in Europe. Venue The course will be run at the HSL laboratory in the spa town of Buxton. Buxton is in the heart of the Peak District and has good links to mainline train stations and Manchester International Airport. Details of hotels in the Buxton area can be found at www.visitpeakdistrict.com. Cost The cost of this course is £925 per person (includes course notes, lunch and refreshments). Book Course     Please note the invoice option is not available within 4 weeks of the course date, or for overseas customers.  If you are selecting the invoice option for payment, it will be mandatory to input a purchase order/reference number as we are unable to process booking forms without this. For further dates and additional information email: training@hsl.gsi.gov.uk or contact the Training & Conferences Unitat HSL directly on +44 (0)1298 218806. Back to Health & Safety Training Courses Source link

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CMS Delivers for Groundbreaking Housing Development

Leading window and door designer, manufacturer and installer CMS Window Systems has completed work on a pioneering housing project in the north-east of England, which offers older and vulnerable residents the opportunity to retain their independence while providing them with the support services they require. With Northumberland’s population ageing faster than that of England as a whole, the 58 modern apartments in Weavers Court development in Alnwick represent a sea-change in accommodation for older residents, offering improvements in lifestyle and support whilst not compromising on the quality of their living space. Led by housing company Isos, the £5m scheme enables those with chronic and other health conditions to live in the community, preventing admissions to residential care whilst giving residents and their families the reassurance that help is always on hand. Brought to the project by main contractors Galliford Try, CMS was contracted to manufacture and install casement windows, as well as single and double doors for the development. A highly energy efficient specification was required to maximise the cost-saving benefits of the installation for residents. Additionally, to ensure that Weavers Court would be a desirable and attractive place to live, it was important that the aesthetics of the works package would complement the rest of the building design. CMS met the brief with high-performance units to help create an energy-efficient building envelope, eliminating draughts and reducing heat transfer to create a comfortable environment and ease residents’ heating costs. Smart grey PVCu casement frames from Sheerframe’s 8000 range ensured a sleek, modern appearance, with the layout of glass panels in the building envelope helping to create a light, bright interior for the building and ensure fantastic views towards the south of Alnwick. Ensuring a secure building envelope was also crucial to the project: besides the primary benefits conferred by good security, an overarching priority for Weavers Court was to create homes in which residents could feel safe, protected, and in charge of their own space. CMS responded to this need by using products accredited by Secured by Design, a police-led initiative promoting superior safety specifications for building materials, to exceed security standards and ensure residents’ peace of mind. CMS’s work on the Weavers Court project was completed in June 2016, with the development opening officially in mid-2016. CMS’s Managing Director, Andy Kerr, welcomed its completion: “Weavers Court represents a really unique opportunity for older and vulnerable residents of Alnwick, and demonstrates that the needs of this sector of society are being increasingly well catered-for. “The pairing of high-quality housing and on-hand care facilities is an ideal solution to helping residents maintain their independence for longer while ensuring they are enjoying the quality of life they deserve. The support that the Extra Care scheme offers to tenants is invaluable, and it was a real pleasure for CMS to be able to contribute to its creation.” Mark Massey, senior partner at idpartnership, the architect of Weavers’ Court, said: “The design of Weavers Court reflects best practice in inclusive design and design for well-being. The scheme will be a “step-change” in housing for the elderly, enabling them to become the focus of the community, offering a hotel-like environment in which an active and positive old age can be enjoyed.”

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Lendlease Gets £200m Contract for Blingtastic Apartment Block

Lendlease has won a £200m contract to build what will be one of the tallest, and probably glitziest, apartment blocks in London. Nine Elms Property Ltd, a subsidiary of Dubai developer Damac Internaional, has handed Lendlease the main construction contract for its £645m Aykon London One tower block, with interiors designed by Versace Home. The 50-storey building, designed by architect Kohn Pedersen Fox Associates, will provide 450 new homes at Nine Elms in south London. Versace Home said that Aykon London One would be “the first private residence project in London with the interiors fully designed and conceptualized by a luxury fashion house, with Versace involved in all aspects of the interior design”. Damac Group specialises in luxury projects and says it “strives to provide dream homes and unique living concepts to customers from all over the world”. Damac chairman Hussain Sajwani said: “Aykon London One is a landmark project and our first major international development outside of the Middle East. We have great confidence in the London marketplace and this project is already proving to be highly desirable to customers and investors from within the UK as well as other parts of the world. We are delighted to be working with a respected partner such as Lendlease.” Neil Martin, managing director of construction for Lendlease Europe, said: “We are excited that Damac Group has chosen Lendlease to deliver its flagship project in the UK. Our strategy of taking a selective approach to bidding is paying off, and is allowing us to focus on prestigious projects such as this one.” Aykon London One will also offer an allocation of affordable housing, together with office, retail and amenity accommodation across two-interlinking towers. The four-storey office space is above the affordable residential floors at the top of the south block. This forms a habitable sky bridge between the south building and north tower, which is topped by a roof garden at level 24. Further residential amenities include a children’s play area, an indoor swimming pool and Jacuzzi, gymnasium, residents lounge, hospitality services as well as 922 m2 of communal gardens.

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Hampshire Trust Bank Set for Expansion with Move to Larger London HQ

Hampshire Trust Bank is set to move to new larger headquarters early next year to support its expansion plans. The specialist bank is due to move from its current 7,500 sq ft London-based headquarters at 131 Finsbury Pavement, to a newly refurbished 21,000 sq ft office at 55 Bishopsgate in Q1 2017. Hampshire Trust Bank recently reported significant growth in its first half results to 30 June 2016, announcing that headcount has increased to more than 100, a 25% rise in employee numbers at the end of 2015, with plans in the pipeline for further growth to meet business objectives. Mark Sismey-Durrant, chief executive officer at Hampshire Trust Bank, said: “Next year’s move is a significant step in the journey of the bank. “Our new headquarters will provide us with significant room for expansion and help us to continue on our strong growth trajectory. “As we recently announced, we have transitioned into profit, we are now focused on building on this success and ensuring we are well positioned to make the most of future opportunities.” Hampshire Trust Bank lends to UK businesses, providing asset finance, property finance and commercial mortgages. It also offers savings accounts to individuals and businesses.

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