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Carillion鈥檚 拢306.5m acquisition of Eaga will add more than 拢700m in sales to its fast growing support services division, as it continues its move away from general contracting in the UK.

In its most recent financial years, the combined group would have had sales of 拢6.2bn and operating profits of 拢259.7m.

The support services division would have accounted for 拢3.2bn in sales and 拢160.1m in profits. Using historic numbers, the division would have secured 51% of group sales and 61% of group operating profit.

Carillion had a 拢2.5bn slice of the 拢24.1bn support services market in 2008, according to its own figures. It had been ahead of second placed Capita, with 拢2.4bn in sales, but adding the Eaga business - the aquisition of which it announced last Friday - puts it further ahead.

Eaga鈥檚 share price fell from 108.25p on the day before the spending review in October, when cuts to the Warm Front scheme were announced, to 51.25p in December. However, Carillion says it is exposed to a market worth up to 拢20bn a year.

Philip Rogerson, chairman of Carillion, said: 鈥淐arillion has identified the low-carbon market as a strategic area of growth and the acquisition of Eaga will create a scalable platform to build the UK鈥檚 largest independent energy services provider.鈥�

The social housing sector could be another area of growth for the firm. After the announcement of the deal, which put opportunities in the social housing sector at 拢10bn a year, John McDonough, Carillion chief executive, said: 鈥淐arillion will be targeting social housing more. This deal opens up significant sector potential鈥�.

For more than a year, Carillion has been reducing the size of its UK general contracting division as it focuses on growth markets in Canada and the Middle East. It has also applied to be classified as a support services firm by the London Stock Exchange, rather than as a construction firm.

Following the deal, Eaga鈥檚 largest shareholder (holding 37% of its shares), the Eaga Partnership Trust, will retain its exposure to the combined group.