Carillion

Carillion plc was a British construction, property, and infrastructure services company. Founded in 1965, it was headquartered in Birmingham, England. The company was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. Carillion was known for its diverse range of services, including construction, property management, facilities management, and infrastructure services.

Carillion's operations spanned across various sectors, including healthcare, education, local government, and the private sector. The company was involved in numerous high-profile projects, such as the construction of the London 2012 Olympic Stadium and the regeneration of the Queen Elizabeth Olympic Park.

In 2017, Carillion faced significant financial difficulties, leading to its collapse. The company's collapse was attributed to a combination of factors, including a decline in the construction industry, a shift in government procurement policies, and a lack of diversification in its business model. Carillion's collapse resulted in the loss of thousands of jobs and had significant implications for the UK's construction industry.

Following its collapse, Carillion's assets were acquired by a consortium of investors, including the UK government and private equity firms. The company's former employees were offered the opportunity to join the newly formed Carillion Workplace, which aimed to provide support and opportunities for those affected by the collapse.