Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Aecom buys Oscar Faber to boost UK structures presence

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.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.

Related Jobs