Black & Veatch broadens its appeal to UK clients
- From: Vol 7, Issue 11 (November 2006)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Anglian Water, Binnie & Partners, Black & Veatch and Gleeson Construction Services
The acquisition of Gleeson’s water business could open up international opportunities, as well as offering a “onestop shop” for existing UK customers.
Black & Veatch has more than doubled the size of its UK water operations by acquiring the engineering division of construction and property group Gleeson. The US company seems to have got a good deal, paying only £21.5 million after adjusting for negative net assets, although revenue figures for Gleeson’s water operations are fairly healthy, at around £200 million ...
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