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Mowlem
Mowlem was one of the largest construction and civil engineering companies in the United Kingdom. Carillion bought the firm in 2006. ==History== Founded by John Mowlem in 1822, the company was awarded a Royal Warrant in 1902 and went public on the London Stock Exchange in 1924. A long-standing national contractor, Mowlem developed a network of regional contracting businesses including Rattee & Kett of Cambridge (bought in 1926); E. Thomas of the west country (bought in 1965); Ernest Ireland of Bath; and the formation of a northern region in 1970. During the Second World War the company was one of the contractors engaged in building the Mulberry harbour units.〔Hartcup, p. 94〕 Mowlem acquired SGB Group, a supplier of scaffolding, in 1986.〔(Notes on Financial Times Actuaries Index 1986 )〕 Mowlem also bought Unit Construction in 1986, giving the firm a substantial presence in private housebuilding - within two years, sales were up to an annual rate of 1,200. The ensuing recession led to losses of over £180m between 1991 and 1993 and banking covenants came under pressure. The housing division was sold to Beazer in 1994.〔Wellings, Fred: Dictionary of British Housebuilders (2006) Troubador. ISBN 978-0-9552965-0-5,〕 Mowlem was bought by Carillion in February 2006.〔(Construction firms agree takeover ) ''BBC News'', 2006〕
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