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Hyder Consulting PLC Acquires BCH Engineering Consultants Pty Ltd and Power Systems Project & Consultancy Services Ltd


Tuesday, 29 Jan 2013 02:00am EST 

Hyder Consulting PLC announced that the Group acquired BCH Engineering Consultants Pty Ltd (BCH) on December 17, 2012. BCH is a Perth-based consultancy that focuses on energy and resource sectors. Initial consideration of USD 3 million (GBP 2 million) was paid in cash, with a further USD 2 million (GBP 1.3 million) cash payable contingent on future business performance. The Group also announced that it acquired Power Systems Project & Consultancy Services Ltd (PCS) on December 19, 2012. PCS is a specialist, independent high-voltage simulation, analysis and electrical design business based in Scotland. Initial consideration of GBP 3 million was paid in cash, with up to a further GBP 0.5 million cash payable contingent on future business performance. 

Company Quote

462.25
4.0 +0.87%
10:17am EDT