Galliford Try share price rises as it wins contract for Luton and Dunstable University Hospital

 
Kasmira Jefford
Follow Kasmira
Accident & Emergency department
Galliford Try will revamp the hospital's emergency department as part of the deal (Source: Getty)

Galliford Try has stepped up its presence in the healthcare market after winning a contract to help with the £150m redevelopment of Luton and Dunstable University Hospital.

The company's share price closed up by 1.01 per cent following the announcement.

The housebuilder and construction group said has been appointed as preferred supply chain partner under ProCure 21+ – a six-year framework programme being run by the UK Department of Health to procure publicly funded capital schemes for the NHS.

The main programme will involve delivering an £80m block for all critical care, surgery and other complex care procedures, replacing several existing wards.

The emergency department will also be completely revamped and the car park expanded.

Peter Truscott, who replaced Greg Fitzgerald as chief executive this month, said the deal was a “fantastic win”: “Galliford Try has a growing presence in the healthcare market and this is an excellent opportunity to demonstrate our capability in delivering complex public sector healthcare project.”

Related articles