Michael Willoughby, proposing speaker, wins the mega-merger debate with a majority vote of 60%.
Richard Halderthay, Director of Communications, Saint-Gobain UK, announced the result.
Michael referenced an extremely interesting point that the industry has a two year lag, and is often the last sector to recover after a recession. This, he believes could be helped with the merging of businesses within the sector, taking advantage of the difficult times for confident capital and credit-rich buyers.
Alasdair raised some interesting counteractive points in his position as opposing speaker, adding that if 2015 is to be the year of the merger it would need to come from global titans at a mega scale, to overshadow those who have merged beforehand.
To conclude, the overruling opinion in this debate seems to be that if firms do take the plunge into the Mandamp;A whirlpool it could lead to great things for the industry. Though, it takes courage and bravery from firms willing to merge.
I would like to give my thanks to both Micheal and Alasdair for being our speakers, and extend my appreciation to Howard from Buildingtalk, who very kindly acted as guest speaker and media partner to support this debate. Weve had some thought provoking statements from both parties, who have raised interesting points in reference to market conditions and previous acquisitions, as they considered whether 2015 really is the year of the mega-merger.
Thank you to all who participated by voting and sharing their views on the topic.
Michael Willougbby
Michael Willoughby, Construction industry writer, proposed the motion
Alastair Reisner
Alasdair Reisner, Chief Executive of the Civil Engineering Contractors Association (CECA), opposed the motion.
Howard Chapman, Managing Editor of Buildingtalk
Read Howard Chapmans comments in full
60% voted for the motion that 2015 will be the year of the Mega-Merger
You can follow the latest on Saint-Gobain Debates via Twitter at @SaintGobainUK, search #SGDebate or like the Facebook page.
The publication of the new CIBSE/ADE CP1 (2020) Heat Networks Code of Practice is a welcome step, says polymer pipework specialist REHAU.
Posted in Articles, Building Industry News, Building Regulations & Accreditations, Building Services, Heating Systems, Controls and Management, Heating, Ventilation and Air Conditioning - HVAC, Innovations & New Products, Pipes, Pipes & Fittings, Plumbing, Publications, Sustainability & Energy EfficiencyThe refurbishment of a community leisure centre in Wiltshire has been given a paint finish that is more than fit or purpose, thanks to leading paint manufacturer Crown Paints.
Posted in Articles, Building Industry News, Building Products & Structures, Case Studies, Facades, Interiors, Paints, Paints, Coatings & Finishes, Posts, Restoration & Refurbishment, Retrofit & Renovation, WallsSecurity specialist Mul-T-Lock has launched the new MTL™500 multi-patented mechanical platform, boasting next-level protection for both residential and commercial environments.
Posted in Access Control & Door Entry Systems, Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Health & Safety, Innovations & New Products, Security and Fire ProtectionFreefoam has announced the launch of a photographic competition, designed to celebrate and acknowledge the vision and ambition of its installers and homeowners.
Posted in Articles, Awards, Building Industry Events, Building Industry News, Building Products & Structures, Building Systems, Cladding, Drainage, Guttering, Soffits & Fascias, Facades, Fascias, Restoration & Refurbishment, Retrofit & Renovation, Walls