Galliford Try has rebranded its highways business as Galliford Try Infrastructure as it targets a more diverse workload.
The premier contractor said the newly established division would focus on roads, but also take on “urban and multi-modal transport schemes incorporating low-carbon travel options”.
Galliford Try said the name change “reflects the growth of the business to provide expertise in the wider UK infrastructure market”.
It comes after Transport for London said last week it was targeting a “significant expansion” of the capital’s cycle lanes with the aim of increasing the number of daily journeys by bike by a third by 2030.
In April, Galliford Try won work worth £30m to build new cycle lanes in Sheffield and Stoke-on-Trent.
David Lowery, managing director of Galliford Try Infrastructure, who previously led the highways business, said: “This evolution reflects our ability to offer a greater variety of infrastructure solutions, supporting our customers to overcome challenges , get value and deliver positive results.”
The rebranding comes on the back of Galliford Try creating three new business streams for National Highways, Local Authorities and Major Projects.
Lowery added: “I am excited to work with all our stakeholders as we seek to improve our contribution, delivering the vital infrastructure the country needs, improving lives and connecting people, while ensuring that we, as industry, we face the climate challenge”.
In its latest half-year, the company reported that group pre-tax profit rose by two-thirds to £11.7m.