AMEC bolts-on US nuclear business

AMEC, the international engineering and project management  company, has strengthened its nuclear capabilities with an acquisition in the US.

The company, whose UK nuclear business is based in Warrington and Knutsford, is buying Automated Engineering Services Corp (AES), a  design engineering nuclear services firm based in Naperville, Illinois for $29m.

AES has 175 staff and annual revenues of more than $30m. The deal is expected to complete by the end of this month.

Tim Gelbar, president of AMEC’s power & process business in the Americas said: “Consistent with AMEC’s strategy, this acquisition builds on our nuclear position in the US, allows us to better serve our clients and provides a solid platform from which to achieve further growth. It is an important addition to our strong positions in the nuclear markets in Canada and Europe.

Jim Rippon, vice president of AMEC’s nuclear business in North America added: “The combination of AMEC and AES increases the value we can add to our clients in the US nuclear market.”

The combined US nuclear business will operate under the name AMEC AES.