PPP management firms merge
27 April 2012
Two PPP project management companies have joined together to create a single firm managing over 40 UK PFI schemes.
Mill Asset Management and CorLa have merged and will now manage 44 PFI schemes across the country, comprising 69 schools, 24 health and social care schemes, 11 justice projects and a range of other PFI deals, including streetlighting, waste and libraries.The new company will be known as MAMG and its board consists of former Mill Asset members Paul Cartwright and Tom Symes, alongside CorLa founder Bob Horner.
David Toplas has been appointed non-executive chairman of the new company.
“I am delighted that the merger enables us to build on the history, experience and reputation of the founding companies,” he said.
“In addition to our core PPP/PFI management offering, we will further enhance our asset and technical management consultancy services,” added Horner.
