Atkins acquires US based nuclear business

Atkins acquires US based nuclear business

WS Atkins plc ("Atkins" or "the Group") is pleased to announce it has completed its acquisition of Nuclear Safety Associates, Inc ("NSA"), a 130 people engineering and technical services firm, for an initial cash consideration of US$15m (approximately £9m), together with a potential US$12m (approximately £7m) subject to the future performance of the business.

NSA brings exceptional expertise in nuclear safety, design engineering, and professional security services. It has a well established project and client base in the US nuclear market and in the year to 31 December 2013, NSA reported revenue of around US$25m (approximately £15m).

Prof Dr Uwe Krueger, Atkins' chief executive officer, commented: "This acquisition is another step towards our strategy to be one of the world's leading energy consultancies. NSA will enhance our presence in North America, the world's largest nuclear market, and its safety and security skills will strengthen our international nuclear offering."

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Atkins (www.atkinsglobal.com) is one of the world's leading design, engineering and project management consultancies*, employing some 17,500 people across the UK, North America, Middle East, Asia Pacific and Europe. Our people's breadth and depth of expertise and drive to ask why has allowed us to plan, design and enable some of the world's most complex and time critical projects.

*15th largest global design firm (Engineering News-Record 2014) and the third largest multidisciplinary consultancy in Europe (Svensk Teknik och Design 2013).