Olaf Kier
Olaf Kier, (c.1899 - 1986) was the founder of Kier Group, one of the United Kingdom's largest construction businesses. Career Born and educated in Denmark as Olaf Kiaer,''Ove Arup: masterbuilder of the twentieth century'' By Peter Jones
Yale University Press, 2006, , Page 54 Olaf moved to to pursue his career. Together with Jorgen Lotz, he founded Lotz & Kier, a business, in 1928. The business name was changed to J.L. Kier & Co Ltd a few years later, after Lotz withdrew from ...
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Kier Group
Kier Group plc is a British construction, services and property group active in building and civil engineering, support services, and the Private Finance Initiative. Founded in 1928 in Stoke-on-Trent it initially specialised in concrete engineering before expanding into general contracting and house-building. Kier was listed as a public company on the London Stock Exchange from 1963 until it was acquired by Beazer in 1986. After a period under the ownership of Hanson plc, it was bought out by its management in 1992, expanded its housing interests, and was relisted on the London Stock Exchange in 1996. During the early 21st century, it expanded through acquisitions, and, following the January 2018 collapse of rival Carillion, Kier was briefly ranked, by turnover, as the second biggest UK construction contractor, behind Balfour Beatty. It was then a constituent of the FTSE 250 Index. However, its share price plunged following a failed rights issue in late 2018, and by mid 2019 wa ...
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