John Laing Group
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John Laing Group
John Laing Group plc is a British investor, developer and operator of privately financed, public sector infrastructure projects such as roads, railways, hospitals and schools through Public-Private Partnership (PPP) and Private Finance Initiative (PFI) arrangements. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until the court approved the acquisition of the company by KKR in September 2021. History The business can trace its roots back to 1848 when James Laing (born in 1816), along with his wife Ann Graham, and some employees whom they had hired, built a house on a plot of land that they had bought for £30 in Cumberland. The £150 proceeds from the first house financed the building of the next two houses on the same plot of land, one of which (Caldew House in Sebergham) was kept by the Laing family to live in. The family and the business later moved near Carlisle. When James Laing died in 1882, his son, John Laing (born in 1842) took o ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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William Kirby Laing
Sir William "Kirby" Laing (21 July 1916 – 12 April 2009) was a British civil engineer. Career Laing was born in Carlisle in 1916.. He was a member of the Laing Family, famous in the British construction industry for running John Laing plc. He was the son of Sir John Laing and the brother of Sir Maurice Laing. Kirby Laing learnt about the construction industry from his father and would visit the company's construction sites with him during the school holidays. Laing graduated from Emmanuel College at the University of Cambridge in 1937 and began work as a graduate engineer for John Laing plc. He was a member of the fifth generation of the Laing family to join the firm. During the Second World War Laing served in the Royal Engineers, receiving his commission as a Second Lieutenant on 2 January 1944. He resigned his commission as a Lieutenant in the Territorial Army Reserve of Officers on 13 July 1955, although he was permitted to retain the honorary title of Lieutenant. ...
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