19th Aug 2015 06:23
LONDON (Alliance News) - Engineering and consulting company Ricardo PLC on Wednesday said it has struck a deal to acquire UK-based environmental consultancy Cascade Consulting Holdings Ltd for an undisclosed consideration.
Ricardo said the deal follows a successful collaboration between the company which started in February and will bring additional capacity and reach in its water resources and water quality management units.
Cascade provides environmental consultancy services to the UK water sector, focused on water resource management, catchment management, water quality, water treatment, flooding and coastal management, and environmental impact assessment.
"Cascade Consulting has an established market reputation and when combined together with Ricardo-AEA will enable the Ricardo business to start to deliver on its strategic growth objectives within the water sector both in the UK and internationally. I'm delighted to be able to welcome Cascade Consulting to the Ricardo Group," said Chief Executive Dave Shemmans.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Ricardo