Type Subsidiary Operating income Website www.morrisonplc.com Headquarters London | Revenue £14,528 million (2009) Net income £460 million (2009) Founded 1948 Number of employees 3,321 | |
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Products Repairs and Maintenance Motto "Vision, People, Performance, Customers" | ||
Morrison Facilities Services plc is a United Kingdom-based Public Limited Company that specialises in providing facilities services to private businesses and central and local government bodies. The core area of the business is the repairs and maintenance of social housing. Morrison is responsible for the maintenance of more than 400,000 properties in the United Kingdom.
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It was a subsidiary of Anglian Water Group, until Mears Group Plc bought this in November 2012.
History
Morrison was founded by the Morrison family in 1948 in Tain, Scotland, as Morrison Construction. In the 1980s, 80% of the company was sold to Charter Consolidated, with the Morrison family retaining 20% of the ownership. During 1989, the Morrison family repurchased the 80% of the business sold to Charter Consolidated earlier that decade, and also acquired the businesses of Biggs Wall and Shand Construction.
These businesses merged to form a single Morrison Construction. In 1994, Morrison Construction listed on the London Stock Exchange as Morrison Construction Plc.
In September 2000, Morrison Construction was purchased by AWG Plc, and therefore Morrison Construction Plc became de listed.
In March 2006, the construction division of the business was sold to Galliford Try, and as a result, the company split into two divisions, Morrison Facilities Services and Morrison Utilities Services. In March 2008, AWG sold the Utility Services division to two private equity firms, Cognetas and Englefield Capital for £235 million.
Current operations
Morrison FS has several contracts and subsidiaries nationwide, split into five regions: London & South; Midlands; East; North West; and Scotland & North. Below is a list of current operations across the United Kingdom.