Pounds 34m Purchase Cements Morgan's Expansion Plan ; Construction

Summary


The creation of new national construction company Morgan Ashurst marks the end of an era for Stratford-upon-Avon-based Amec Design and Project Services.

It follows shareholder approval of top five UK construction and regeneration group Morgan Sindall's acquisition of Amec's construction and civil engineering business, DPS, and its mixed-use urban regeneration arm, Amec Developments.

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Extract


Pounds 34m Purchase Cements Morgan's Expansion Plan ; Construction

Morgan Sindall is buying both for a total of pounds 34 million, subject to final agreement of the net assets being acquired.

DPS's acquisition see...

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