Amec acquires US consultant
18 May 2011
UK-based engineering consultant and project manager Amec has acquired Mactec, an engineering and environmental services company headquartered in Georgia, US. The deal is valued at US$ 280 million, and is expected to close by the end of June, subject to regulatory approval.
Mactec has 2600 employees and 70 offices which are mainly in the eastern part of the US. The company provides a similar wide range of services to Amec's existing Earth & Environmental (E&E) business, including environmental planning, assessment and remediation, infrastructure engineering, water resources and construction support services. Its clients are in the energy, commercial/industrial, transportation/infrastructure and federal sectors.
AMEC Chief Operating Officer, Neil Bruce, said, "Mactec and E&E are highly complementary businesses, in terms of geographic footprint, customer base and service offering. The combination will provide great opportunities to grow our position with existing clients and attract new ones."
Ann Massey, President and Chief Executive Officer of Mactec said, "Together, we offer a strong, global platform of consulting, engineering, and project management expertise. The close alignment between our companies' cultures, services and expertise will provide immediate value to our customers and foster future growth."
Ms Massey and her management team are expected to remain with the company, following the close of the acquisition