AMEC looks to bolster nuclear arm

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ENGINEERING group AMEC is looking to bolster its nuclear services business unit with the acquisition of Serco Group’s North West-based Technical Consulting Services business.

Both parties issued statements to the stock exchange revealing that they are in talks over a potential deal for the £70m turnover unit, which has its headquarters at Risley, Warrington.

They stressed though “there is no certainty that a transaction will proceed.”

Serco’s TCS business provides consulting and project solutions primarily to the UK civil and defence nuclear markets, As well as Risley it has operations at Harwell, Quedgeley, Westlakes and Winfrith and seven other sites.
AMEC’s own nuclear business is based in Knutsford and it is a major contractor at the Sellafield nuclear plant in Cumbria.

The £3.3bn tunrover group said further announcements on the potential deal would be made when approriate.