Amey plc


Amey plc

Amey plc, previously known as Amey Ltd and Amey Roadstone Construction, is a United Kingdom based infrastructure support service provider. Since 2003 it has been a subsidiary of Spanish company Grupo Ferrovial, S.A..

Amey was founded in the 1920s by William Amey as an Oxfordshire based quarry operator. The company grew during the Second World War with its involvement in the construction of Royal Air Force bases. In 1959, the company was responsible for the supply of gravel for the construction of the M1 motorway, between London and Birmingham. In the same year it became a public company.cite web | url = http://www.amey.co.uk/AboutAmey/Ourhistory/tabid/80/Default.aspx | title = Our history | publisher = Amey plc | accessdate = 2008-06-23]

Between 1972 and 1989, the company was owned by Hanson plc, and used the Amey Roadstone name. The company was then in private ownership until 1995, when it was refloated on the London Stock Exchange. In 2003 it was acquired by Ferrovial, but continues to trade under the Amey name.cite web | url = http://www.amey.co.uk/AboutAmey/Ourhistory/tabid/80/Default.aspx | title = Our history | publisher = Amey plc | accessdate = 2008-06-23] cite web | url = http://news.bbc.co.uk/1/hi/business/2952083.stm | title = Spanish firm set to buy Amey | publisher = BBC | date = 2003-04-16 | accessdate = 2008-06-23]

Since the early 2000s, Amey has focused on transport and business services. In 2003, the company managed and maintained 25% of English and until 2007 50% of Scottish trunk roads, now less than 25% and held a 12% share of the rail maintenance market. Along with Bechtel, the company jointly owns Tube Lines, the consortium responsible for the maintenance, renewal and upgrade of the infrastructure, including track, trains, signals, civil work and stations, on three London Underground lines.cite web | url = http://news.bbc.co.uk/1/hi/business/2952083.stm | title = Spanish firm set to buy Amey | publisher = BBC | date = 2003-04-16 | accessdate = 2008-06-23]

The company retains its Oxfordshire links, with its head office located on the Oxford Science Park in the city of Oxford.

References



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