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Aussies eye Euro business after Edge acquisition

AUSTRALIAN CONSULTANT Coffey International is aiming to establish itself in Europe after the acquisition of Edge Consultants UK.

Coffey's business is mainly focused around south east Asia but it is poised to go for big jobs in the UK and Europe after taking over Edge, which has bases in Manchester, Burton and Reading.

'We see this as the start of a growth period for Coffey in the UK, ' said Coffey managing director Roger Olds. The firm employs nearly 2000 people worldwide and is listed on the Australian stock exchange.

'This acquisition enables Coffey to continue to expand its business and to diversify internationally.'

Coffey hinted that more acquisitions would follow as part of its plan to build up a group of specialist geoscience based consulting businesses.

Edge managing director Roger Thompson hailed the sale of the firm - owned by directors Peter Whyley and David Tonks - as a great opportunity for its 30 plus staff.

'It means we will work on larger projects on an international basis.

There will be great opportunities for our younger people to work on a wider range of projects. It opens up a new spectrum for everybody.'

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