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FM Conway

From Wikipedia, the free encyclopedia
UK construction firm

FM Conway
Company typePrivate
IndustryCivil engineering
Founded1961
FounderFrancis Michael Conway
HeadquartersSevenoaks, England
Key people
Andrew Hansen (MD)
ProductsAsphalt
Bitumen
Concrete
Street lighting
ServicesHighway maintenance
Road surfacing
Revenue£608 million (March 2025)
£46 million (March 2025)
Number of employees
2,000 (2024)
ParentVinci
Websitewww.fmconway.co.uk

FM Conway is a UK-basedcivil engineering contractor specialising inhighways and other infrastructure work. The company became part of theVinci group in early 2025.

History

[edit]
FM Conway's surfacing division working onLondon Bridge

The company was founded in 1961 by Francis Michael Conway. During 1981, Francis' son Michael Conway became the CEO of FM Conway; Michael would retain this role for more than 40 years.[1][2]

In May 1994, it was claimed bytrade union officials that FM Conway had illegally reduced its workers' wages to cover theft and damage toplant.[3] During 2000, the company relocated to new headquarters inDartford, Kent.[4]

During early 2012, FM Conway formed ajoint venture with the American infrastructure companyAecom following the two firm's successful shortlisting on aTransport for London highway-centric framework valued at £1.8 billion.[5] Four years later, the firm relocated to a larger headquarters inSevenoaks; the prior Dartford headquarters was retained and expanded in its role as a logistics hub.[4][6]

During 2016, FM Conway acquired the materials supplier United Asphalt.[7] By this point, the firm operated a network ofasphalt and aggregate recycling manufacturing plants that servedLondon andSouthern England, as well as twoThames-sidewharves (atErith andGravesend).[8] A large portion of the company's business was coming from variouslocal authorities and government agencies;[9][10][11] by the mid-2010s, it was reportedly maintaining various roads across half of London's boroughs.[4]

During 2019, the firm reported that, despite rising revenues, its pre-tax profit had fallen from £11.7 million to £3.6 million in its last financial year; this was attributed to a rising cost of sales.[12] In February 2020, FM Conway was suspended from thePrompt Payment Code for failure to pay suppliers on time.[13] Eight months later, following the enactment of process improvements, the firm was reinstated.[14] During late 2021, the company reported that its pre-tax profit over the previous financial year had risen from £12.7 million to £19.4 million, a more than 50 percent rise; the majority of this was due to a £4.7 millionsettlement regarding aland lease right.[15]

During March 2022, Michael Conway, the firm's chairman, died;[1] two months later, his daughter, Joanne Conway, was appointed as chairperson, becoming the third generation of the family to lead FM Conway.[16][17] That same year, the firm was found liable for defective ductwork atTwickenham Stadium.[18]

During May 2023, FM Conway boughtEssex-based drainage contractor Flowline out ofadministration, saving 164 jobs in the process.[19][20] In January 2024, FM Conway replaced an existing road surface inWestminster using 92% recycled materials; this was believed to be the highest level then achieved on a British road.[21][22]

During October 2024, it was announced that the France-based construction companyVinci had agreed terms to purchase FM Conway.[23] This acquisition was completed in early 2025;[24] furthermore, Joanne Conway stepped down as the firm's chair and CEO while Andrew Hansen was appointed managing director.[25]

In its final year as an independent business (year to 31 March 2025), FM Conway grew turnover 5% to £608m (2024: £580m) and pre-tax profit 12% to £33.0m (2024: £29.4m); operating profit was £46.1 (2024: £42.9m).[26]

In an August 2025 incident, FM Conway released more than 15 tonnes ofbitumen into the River Thames at its Gravesend facility, prompting a recovery operation by thePort of London Authority.[27]

Notable projects

[edit]

References

[edit]
  1. ^abBritcher, Chris (20 April 2022)."Funeral takes place of FM Conway chairman and former CEO Michael Conway MBE".KentOnline. Retrieved31 October 2024.
  2. ^Garner-Purkis, Zak (4 September 2020)."Ex-Carillion man replaces FM Conway boss after 40-year stint".constructionnews.co.uk.
  3. ^"26May94 UK: OUTRAGE OVER 5PC PAY DOCK – FM CONWAY".constructionnews.co.uk. 26 May 1994.
  4. ^abcPrice, Chris (30 June 2016)."FM Conway moving to new headquarters in Sevenoaks".kentonline.co.uk.
  5. ^Fitzpatrick, Tom (16 March 2012)."FM Conway and Aecom formalise JV to win highways work".constructionnews.co.uk.
  6. ^"Construction firm FM Conway moving HQ from Dartford to Sevenoaks".Sevenoaks Chronicle. 8 May 2015. Retrieved15 July 2015.
  7. ^Pitcher, Greg (5 January 2017)."FM Conway buys second asphalt firm".constructionnews.co.uk.
  8. ^"Locations". Fmconway.co.uk. Retrieved20 November 2023.
  9. ^"FM Conway wins Chelsea highways contract".constructionnews.co.uk. 10 April 2017.
  10. ^Simpson, Jack (9 July 2018)."FM Conway wins £130m Croydon roads deal".constructionnews.co.uk.
  11. ^Wadham, Caroline (8 January 2020)."FM Conway wins £98m highways contract".constructionnews.co.uk.
  12. ^Price, David (20 August 2019)."FM Conway profit slumps as turnover tops £300m".constructionnews.co.uk.
  13. ^Prior, Grant (12 February 2020)."F M Conway suspended from Prompt Payment Code".Construction Enquirer. Retrieved13 February 2020.
  14. ^Garner-Purkis, Zak (13 August 2020)."Prompt payment redemption for Kier Integrated Services and FM Conway".Construction News. Retrieved13 August 2020.
  15. ^Thomas-Alexander, Tiya (4 October 2021)."FM Conway reports 50% leap in profit".constructionnews.co.uk.
  16. ^Thomas-Alexander, Tiya (31 May 2022)."FM Conway names new chair from within the family".constructionnews.co.uk.
  17. ^Pitcher, Greg (15 November 2023)."FM Conway names founder's granddaughter as new chief exec".Construction News. Retrieved17 November 2023.
  18. ^Kennedy, Catherine (4 May 2022)."Judge rules FM Conway is liable for defective Twickenham work".constructionnews.co.uk.
  19. ^Prior, Grant (9 May 2023)."FM Conway buys Flowline from administrators".Construction Enquirer. Retrieved9 May 2023.
  20. ^Picton, Catrin (9 May 2023)."FM Conway snaps up 164-person specialist contractor".constructionnews.co.uk.
  21. ^Browne, Dominic (10 January 2024)."FM Conway hits 92% recycled materials record".Highways. Retrieved31 October 2024.
  22. ^"Circular construction is challenging the idea that recycled products are lesser".constructionnews.co.uk. 14 August 2024.
  23. ^"Vinci announces purchase of FM Conway".New Civil Engineer. 30 October 2024.
  24. ^"VINCI Construction swoops for FM Conway".Construction Enquirer. Retrieved30 September 2024.
  25. ^"FM Conway family chair steps away from business after Vinci deal".Construction Enquirer. 3 February 2025. Retrieved3 February 2025.
  26. ^"Solid start for FM Conway under Vinci".The Construction Index. 14 July 2025. Retrieved14 July 2025.
  27. ^Prior, Grant (4 September 2025)."FM Conway spills 15 tonnes of bitumen into Thames".Construction Enquirer. Retrieved5 September 2025.
  28. ^Wood, Craig (20 June 2014)."Listed Dover train station gets cruise terminal upgrade".constructionnews.co.uk.
  29. ^Folla, Annaca (12 January 2015)."FM Conway restores listed Putney Bridge to former glory".constructionnews.co.uk.
  30. ^"Winning streak for FM Conway with Maidstone United FC". FM Conway. December 2016.
  31. ^Dale, Sarah (25 October 2023)."Catch net installed to soffit of Millennium Bridge to facilitate planned maintenance work".Infrastructure Intelligence. Archived fromthe original on 28 February 2024. Retrieved26 October 2023.
  32. ^Smith, Matt (15 January 2016)."FM Conway gives Millennium Bridge a makeover".Construction News. Retrieved31 October 2024.
  33. ^"City of London Corporation appoints contractor for multi-million-pound refurbishment of Blackfriars Bridge".City of London Corporation. 17 June 2021. Retrieved31 October 2024.
  34. ^"Conway team to start Hammersmith Bridge stabilisation this month".The Construction Index. 14 February 2022. Retrieved14 February 2022.

External links

[edit]

Media related toFM Conway at Wikimedia Commons

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