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Grontmij buyout doesn’t spell job cuts, says Sweco chief

Business deal

Sweco president and chief executive Tomas Carlsson has insisted that the acquisition of Grontmij will not lead to job losses for the UK arm of the business.

Speaking to New Civil Engineer, Carlsson said the company has achieved 5% organic growth and aims to continue this expansion with no plans for immediate redundancies.

“There are no planned job cuts. That was not the reason behind the acquisition,” he said. “We want good people at the organisation. We are completely dependent on making sure we have the best people and we want even more of them…We’re a huge ‘employment factory’ and that’s the ambition going forward.

“There have been some small redundancies in administrative roles in the Netherlands, Denmark and Sweden because we’re trying to make sure the business is as efficient as possible. But this is extremely marginal in comparison to the numbers that we employ.”

Based in Sweden, Carlsson is currently in London to mark the rebranding of Grontmij which was acquired by Sweco in October 2014.

Commenting on the acquisition, Sweco UK managing director Max Joy said: “We see the merger with Sweco as a great opportunity. Grontmij, particularly in the UK, has gone through a challenging period, as have many engineering consultancies going through the economic downturn. We’re not out of the woods but we’re in a stable positon. We have absolutely turned a corner.”

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