OSCAR FABER this week became part of Britain's second largest consultant when it agreed to a takeover by Maunsell's United States parent Aecom.
Under the deal, Oscar Faber will be renamed Faber Maunsell and its chief executive Ken Dalton will become chief executive of Aecom's UK operation.
UK chief executive Peter Head will move to the role of corporate development director.
The deal increases Aecom's multi-disciplinary presence in the UK, adding to Maunsell's transportation based civils business, and the UK arm of Metcalf & Eddy, Aecom's global water and wastewater business.
Oscar Faber's building engineering and transport planning business complements Aecom's largely civils based UK operation as well as giving it regional presence around Birmingham, Manchester, Edinburgh and in south west England, said Head.
In the year to 31 May Oscar Faber made pre-tax profits of £3.4M on turnover of £43M, compared with a pre-tax figure of £2.4M on turnover of £36.2M in the preceding year.
The firm has doubled its turnover in the last six years, and had been looking to expand outside the UK.
Merging with Aecom gives Oscar Faber the chance to grow overseas.
The takeover is Aecom's second major British acquisition.
Head said the group's next move was likely to be for a consultant from continental Europe.
The US group's European presence is mainly restricted to work for the US military.
Last week's deal consolidates Aecom's position as Britain's second largest employer of civil and structural engineers. It will have a combined UK engineering workforce of 3,653. The largest employer, WS Atkins, has 4,000.
Aecom was the third biggest US consultant last year with total revenues of $1.5bn (£1.1bn). It employs 12,500 people worldwide in offices in the Unites States, Europe, the Middle East, Asia and Australia.