Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Carillion Wins GBP120 Million Northern Rail Contract With Arriva

11th Dec 2015 07:38

LONDON (Alliance News) - Construction and support services group Carillion PLC on Friday said it has secured a contract from German transport company Arriva's UK trains arm to be preferred facilities management and services partner.

The contract, worth around GBP120.0 million to Carillion, will see the company work with Arriva on the Northern Rail franchise, which was awarded to Arriva's UK unit earlier this week by the UK government.

Carillion will work on the project for an initial nine-year period, with the potential to extend this by a further year. It is due to start work on the contract in April 2016.

"We are particularly pleased to have been selected by Arriva as its preferred delivery partner for FM services, having supported Arriva in its successful bid for the Northern Rail franchise," said Richard Howson, Carillion's chief executive.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

Carillion Plc
FTSE 100 Latest
Value8,809.74
Change53.53