In the UK, Kier Group has completed its purchase of Mouchel, the infrastructure repair and maintenance provider. The deal worth just more than €364 million (US$405 million) strengthens Kier's position in the British highways maintenance and management sector. A €467 million rights issue was used to finance the deal.
Bentley Systems, a global provider of software solutions for advancing infrastructure, has announced a call for submissions to the 2016 Be Inspired Awards programme.
The deadline for entries is June 10, 2016.
The awards, which are selected by independent juries of industry experts, recognise the extraordinary work of organisations that help advance the world’s infrastructure by designing, engineering, constructing, delivering, and/or operating safer, more resilient, sustainable, and intelligent roads,
Within years, one in six of UK local roads will need repairs or face closure, according to the latest Annual Local Authority Road Maintenance – ALARM - survey.
The cumulative effect of an ageing network, decades of underfunding, increased traffic and wetter winters has led to around 17% of all local roads reportedly in poor structural condition, with less than five years of life remaining.
The 22nd annual ALARM survey is a comprehensive study into local road maintenance funding and conditions.
Loca
