BGIS takes on Carillion contracts
CANADIAN firm BGIS is to take over hospital, education, justice, transport and emergency services contracts from collapsed construction giant Carillion.
Brookfield Global Integrated Solutions, which describes itself as a global real estate and facility management services provider, said that as part of the deal, it will take on more than 2,500 Carillion employees.
Carillion’s liquidation last month left in its wake a £900m debt pile, a £590m pension deficit and hundreds of millions of pounds in unfinished public contracts.
It is unclear how much the BGIS deal is worth, but it is thought that staff working on the transferred contracts will keep the same terms and conditions of employment.
The deal is expected to close in the first quarter of 2018.