5th Jul 2005 09:55
AMEC PLC05 July 2005 AMEC plc 5 July 2005 AMEC completes NNC acquisition Further to the offer that was announced on 21 June 2005, AMEC plc has completedthe acquisition of NNC Holdings Limited ("NNC"), the UK's leading private sectornuclear services business. The cost of the acquisition was £25.3 million plus net debt of £13.7 million asexpected. "The nuclear market is one of the most exciting new prospects we see today,"said Sir Peter Mason, AMEC's chief executive. "NNC adds important new skills anda significant base of nuclear engineering expertise. We are now in the bestshape to support work operating, maintaining and decommissioning the civilnuclear infrastructure in the UK, as well as to target opportunities in Canadaand around the world." Contacts: AMEC plc +44 (0)20 7634 0000 Neil Jamieson, Director of Investor RelationsJuliet Sychrava, Director of Corporate CommunicationsCharles Reynolds, Head of Media Relations Notes to editors: 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 turnover of around £5 billion. AMEC'sshares are traded on the London Stock Exchange where the company is listed inthe 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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