Kier buys Buckingham Group rail business for £9.6m

Kier has struck a deal with the administrators of Buckingham Group Contracting to buy all its rail assets.
The £9.6m cash deal also includes the rail division’s HS2 contract to supply Kier’s joint venture on the project, EKFB.
Around 180 staff from Buckingham will now transfer over to become part of the Kier Transportation business, which designs, builds and maintains infrastructure for the highways, rail, aviation and ports sectors.Andrew Davies, chief executive, said: &l