Gordon Durham acquired by Vinci plc
Sector: Construction and Infrastructure Services
Activities: Building Contractor
Deal type: Acquisition
Transaction Originated, Negotiated and Structured by:
Summary of Business being acquired
Based in South Tyneside, Gordon Durham is a well established regional contractor undertaking contracts throughout the North East, principally for the public sector in the areas of social housing, education, health and leisure as well as infrastructure.
Premier marketed the business to a select number of strategic buyers interested in the sector, generating a selection of offers from a first stage bid process.
Vinci was preferred buyer as it was seeking to build a National capability, from its offices in the South.