London-based AMEC has announced that it will acquire Geomatrix Consultants (Geomatrix) from its owner-managers for £43m. The cost will be split with £32.3m paid at closing and the balance, after adjustments, paid within two years.
California-based Geomatrix employs 500 engineers, scientists and other professionals in 18 offices across the
The purchase is consistent with AMEC’s strategy of expansion in the Earth and Environmental business and follows the acquisition of six smaller environmental consultancies in the
AMEC’s chief executive Samir Brikho said: ‘With services from environmental impact assessments to remediation, Earth and Environmental business is an important differentiator in AMEC’s portfolio of services.’
AMEC’s president of Earth and Environmental division Roger Jinks added: ‘This acquisition not only strengthens our presence in the
The acquisition is expected to close later this month.