16th Jul 2007 11:56
AMEC PLC16 July 2007 16 July 2007 AMEC acquisition expands environmental consultancy in Europe AMEC plc, the international project management and services company, announcesthe acquisition of AGRARO Consult srl, an environmental consultancy based inBucharest, Romania. AMEC acquired 100 per cent of the company's shares from a consortium of sixindividuals for a purchase price of €125,000 (£84,000) paid in cash. The acquisition will enhance AMEC's position in the Romanian and EasternEuropean environmental market. This acquisition is in line with AMEC's strategy of expanding its corebusinesses through acquisitions that bring complementary skills and/orgeographic expansion in markets which AMEC believes offer good growthopportunities. AGRARO provides environmental assessment, investigation,planning, engineering and monitoring services for clients in the public andprivate sectors. AGRARO has a strong roster of scientists and engineers and hasparticular experience with mining and oil and gas clients. AGRARO will join AMEC's Earth and Environmental operation in Europe, whichoperates from offices in Frankfurt, Munich, Berlin, Kaiserslautern, Milan,Rotterdam and Seville. AMEC's Earth and Environmental business employs some3,000 environmental scientists across a network of more than 100 locations,mainly across the USA and Canada, but including the UK, Europe and otherlocations. Ends Enquiries to:AMEC plc: + 44 (0)20 7634 0000 Analysts and investors:Neil Jamieson, Director of Investor Relations Media:Frank Stokes, Media Relations Manager +44 (0)7712 008356 Notes to editors: AMEC plc an international project management and services company that designs,delivers and supports client assets for customers across the public and privatesectors.In its core businesses, AMEC employs more than 16,000 people working from anetwork of offices throughout the UK, US and Canada, as well as regional officesand projects worldwide. AMEC shares are traded on the London Stock Exchangewhere the company is listed in the Support 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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