8th Nov 2013 07:00
RPS Group plc
("RPS" or "the Group")
Completion of acquisition of Norwegian project management consultancy
Further to the announcement on 18 October 2013, RPS is pleased to confirm that it has completed the acquisition of the entire share capital of OEC Consulting AS ("OEC") and the outstanding minority shareholdings in its three subsidiaries (taken together the "OEC Group"), following the granting of approval by the Norwegian Competition Authority.
The maximum consideration payable for OEC Group is NOK 300 million (£31.5 million). The consideration paid to the vendors at closing was NOK 190 million (£20.0 million).
8 November 2013
ENQUIRIES
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RPS Group plc | |
Dr Alan Hearne, Chief Executive | Tel: 01235 863 206 |
Gary Young, Group Financial Director | Tel: 01235 863 206
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College Hill | |
Justine Warren /Matthew Smallwood | Tel: 020 7457 2020 |
RPS is an international consultancy providing advice upon the development of natural resources, land and property, the management of the natural and built environments and the health and safety of people. We have offices in the UK, Ireland, the Netherlands, the Americas and Australia/Asia Pacific and undertake projects in many other parts of the world. The Group is a constituent of both the FTSE 250 and FTSE 4 Good Indices.
Related Shares:
RPS.L