Keepmoat sells off regen arm

摘要

Keepmoat has sold its regeneration arm to energy and services provider Engie for £330m. Dave Sheridan (pictured),who has been Keepmoat chief executive since 2012,will join Engie as part of the move. The regeneration business, which specialises in design, build and refurbishment, had a turnover of £802.7m and an order book of just over £1bn for the year to 31 March 2016. Keepmoat will continue to operate its homes division, which had a turnover of £336.6m, under the Keepmoat brand.