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Wednesday 1st July 2009
1 July 2009
Carillion has closed the deal to sell its external IT business to Capita and confirms the sale generated £36 million as anticipated in the announcement on 9 June.
Carillion picked up the IT business when it bought construction and services firm Alfred McAlpine in February 2008. CITS offered outsourcing, managed services and network infrastructure solutions to external clients.
Carillion said that the IT business would generate an operating profit for the year ending 31 December 2009 of £3.7 million on a turnover of £66 million.
Carillion is a leading support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The group has annual revenue of over £5 billion, employs around 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
Capita Group is a major UK provider of business process outsourcing with 36,000 people at more than 300 sites, including 62 business centres across the UK, Ireland, the Channel Islands and India. It is a member of the FTSE100 with revenues for 2008 of £2,441 million.
Carillion also announced that it has outsourced the provision of its own IT services to Accenture, with whom Carillion has already outsourced a range of finance and human resources functions.
Carillion has closed the deal to sell its external IT business to Capita and confirms the sale generated £36 million as anticipated in the announcement on 9 June.
Carillion picked up the IT business when it bought construction and services firm Alfred McAlpine in February 2008. CITS offered outsourcing, managed services and network infrastructure solutions to external clients.
Carillion said that the IT business would generate an operating profit for the year ending 31 December 2009 of £3.7 million on a turnover of £66 million.
Carillion is a leading support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The group has annual revenue of over £5 billion, employs around 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
Capita Group is a major UK provider of business process outsourcing with 36,000 people at more than 300 sites, including 62 business centres across the UK, Ireland, the Channel Islands and India. It is a member of the FTSE100 with revenues for 2008 of £2,441 million.
Carillion also announced that it has outsourced the provision of its own IT services to Accenture, with whom Carillion has already outsourced a range of finance and human resources functions.