London acquisition for Leeds construction consultancy giant

Global construction consultancy Turner & Townsend, headquartered in Leeds, is to join forces with the specialist asset advisory company AMCL.

Turner & Townsend is acquiring AMCL, which is headquartered in London and works across four continents.

Its global team of 45 specialist consultants will now bolster the combined company’s offering in advisory, programme management, project management and cost and commercial management services.

The two companies previously worked together in a joint venture to produce a strategic asset management plan for the USA’s largest public power generator, the New York Power Authority.

Founded in 1997, AMCL has worked for Network Rail for more than a decade and has successfully delivered projects for several iconic UK brands including Scottish & Southern Electric, Transport for London and Crossrail.

Vincent Clancy, chairman and chief executive of Turner & Townsend, said: “The next decade will see the largest investment in infrastructure spending ever witnessed. By investing in AMCL, Turner & Townsend has gained world-class skills that will allow us to offer a truly end-to-end service to our infrastructure clients.

“The need to manage assets effectively and efficiently with resources and funds under ever increasing pressure means asset management capability will become a growing priority for every infrastructure owner.

“The combining of AMCL’s skills with our own leaves us uniquely placed to deliver tangible improvements to the way our clients develop new, and operate existing, assets.”

Martin Pilling, operations director of AMCL, added: “Joining forces with Turner & Townsend is a huge opportunity that will see us increase the value we offer our clients through extended implementation and delivery capability.

“We’re hugely looking forward to increasing our global reach, and building on our combined strengths to advise clients from planning through to delivery and operation.”

For the year to April 30, 2016, Turner & Townsend announced it had boosted its turnover by 8% to £409m.

The group, which employs nearly 4,300 staff across 97 offices worldwide, has now notched up six consecutive years of revenue growth. Its profit after tax of £30m has almost tripled in five years.

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