Balfour Beatty-Caron mega-merger poses risks and opportunities for the industry

摘要

Senior construction figures have reacted with surprise at the news that contractors Carillion and Balfour Beatty are in merger talks, but said the emergence of such a major new player could provide new opportunities for joint ventures. Last week, Carillion and Balfour Beatty confirmed they had started merger talks to potentially create a £14bn-turnover business. The move was unexpected, with the bosses of rival firms who spoke to Building this week all expressing surprise at the news - but some suggested the mega-merger, if it goes ahead, could generate new opportunities.