Firm to bear marque of Morrisroe
Demolition contractor Cantillon has changed its name to Morrisroe Demolition.
Morrisroe bought Cantillon three years ago for an undisclosed sum and has kept the Cantillon name since.
But documents filed at Companies House show the firm has now ditched the Cantillon name.
Cantillon was set up in the 1960s but earlier this year was one of 10 firms fined a total of 拢60m by the Competition and Markets Authority for its role in the bid-rigging scandal that hit the demolition sector.
Cantillon founder Michael Cantillon was also banned for seven years and six months for his role in the affair.
Paul Cluskey, who had been managing director of Cantillon since the end of 2014, was banned from being a company director for four and a half years by the Competition and Markets Authority in March but appealed the decision. As a result, he will keep his position but will step down as managing director.
As well as bid-rigging, Cantillon was one of five firms found guilty of making and receiving 鈥渃ompensation payments鈥 under which, the CMA said, 鈥渢he designated 鈥榣osers鈥 of the contracts were set to be compensated by the winner鈥.
In a statement, Morrisroe said the move was 鈥渁n important step in our ongoing integration following strategic acquisitions made in recent years.
鈥淭o support the culture shift we are making internally to working 鈥榓s one鈥, we are rebranding Cantillon and A J Morrisroe, so that Cantillon Demolition Limited will move forward as Morrisroe Demolition and AJ Morrisroe Limited will trade as Morrisroe. Our rebrand will also present a clearer message to our market about who we are and the services we deliver.鈥
No comments yet