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Mowlem deal puts Carillion top

CONTRACTS LEAGUE - Balfour Beatty loses top spot in 12-month table - Sir Robert McAlpine bags over £400 million of work in January

BALFOUR Beatty's place at the top of the annual contractor's top 50 table has been lost after just a month due to Carillion's takeover of Mowlem.

Sir Robert McAlpine topped out the table in January after bagging a quartet of deals totalling £401 million, including a £250 million job to redevelop the centre of Bristol.

Balfour ran in second last month but contracts won over a year ago, notably some major roads deals, slipped out of the firm's 12-month rolling total.

As a result, Balfour has slipped into third in the annual table behind Laing O'Rourke.

Carillion's newly enlarged annual orders total of nearly £2.4 billion makes the group's place at the top of the table virtually impregnable for the next few months at least. The sector tables also show how Carillion's takeover of Mowlem ? to be formally ratified next week ? strengthens the business.

The only sector in which Carillion has not bought a prominent spot is residential. Mowlem did not feature in the public housing table, while Carillion was well down in this league.

This situation was reversed in the private housing table but, despite inheriting Mowlem's hat trick of jobs totalling £25 million, Carillion only made 14th place. Nevertheless it came top in two sector tables.

Carillion is the heir to Mowlem's position as the most successful civils contractor in terms of work won in the year to January 2005, with £497 million-worth of work.

Carillion already had a strong industrial offering and the £7.6 millionwor th of work won by Mowlem has strengthened this position. Carillion was also strong in education and has risen to second due to £192.6 millionwor th of work won in this sector by Mowlem over the last year.

Carillion had no presence in the health sector but is now in the top 10, while Mowlem's £222.5 million-worth of commercial projects lifts this industry titan into seventh in healthcare.

With £39.5 million-worth of Mowlem's retail work in its shopping basket, Carillion is also in the top 10 in this market.

In the last regional tables for the year to November 2005, Carillion only featured in three top 10s but, after taking out Mowlem, the group appears in half a dozen.