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AMEC plc Acquires Serco Group PLC's Nuclear Technical Services Business


Friday, 29 Jun 2012 02:00am EDT 

AMEC plc announced that it has completed the acquisition of Serco Group plc's nuclear Technical Services (TS) business for a cash consideration of GBP137 million. TS is based at a number of sites in the UK and has around 600 staff providing consulting and project solutions for customers including the Ministry of Defence, EDF, Magnox and the Nuclear Decommissioning Authority. It will be integrated into AMEC during 2012 and is expected to be earnings enhancing from 2013. 

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