28th Oct 2005 09:01
AMEC PLC28 October 2005 28 October 2005 AMEC plc Acquisition AMEC acquires French nuclear services company CIME SA London, United Kingdom (28 October 2005) - AMEC plc, the international projectmanagement and services company, announces the acquisition of CompagnieIndustrielle de Montage et d'Entretien SA ("CIME"), a French nuclear technicalservices company with net assets of €700,000 (£475,000). CIME SA is based near Nimes in south east France and has 160 employees. Itgenerated turnover of €8.5 million (£5.8 million) for the year ended 30 June2005. The purchase of CIME is in line with AMEC's strategy of expanding its EuropeanMultitechnical Services business through in-fill acquisitions. It extends AMEC'snuclear services capability in France and follows the acquisition of 49 per centof nuclear engineering company Game Nucleaire SAS in April 2005. AMEC hasprovided specialist engineering and technical support to the French nuclearmarket for many years, working for clients such as Electricite de France (EdF). - ends - Contacts:AMEC plc Tel: +44 (0)20 7634 0000 Neil Jamieson, Director of Investor RelationsJuliet Sychrava, Director of CorporateCommunicationsCharles Reynolds, Head of Media Relations AMEC plc is an international project management and services company thatdesigns, delivers and supports infrastructure assets for customers worldwideacross the public and private sectors. AMEC employs about 44,000 people in morethan 40 countries, generating annual revenue of around £5 billion. AMEC's sharesare traded on the London Stock Exchange where the company is listed in theSupport Services sector(LSE: AMEC.L). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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