MOTT MACDONALD continued to invest in the building sector with the purchase of retail specialist Bingham Cotterell this week.
Mott earned 23M from building work last year compared to Bingham's 3.34M from the sector. The combined earnings will put Mott in a strong position to overtake Tarmac Professional Services as the third most active consultant in the buildings sector behind WS Atkins and market leader Ove Arup.
Mott staff numbers working in building are now around 300. All of Bingham's 80-odd technical staff are to transfer to the new parent. Mott will take over the smaller firm's headquarters in St Helens, plus its Bristol office. However, the East Grinstead office will close, with staff moved to Mott's head office in Croydon.
The Bingham Cotterell name will be preserved 'for the foreseeable future' and used 'where relevant'. Bingham chairman Alastair Soane will become a consultant to Mott, while Denver Woodward and two other BC executives become directors.
Bingham was attractive to Mott largely because of its 'complementary client list' and its track record in the retail and leisure sectors, which includes the 250M Trafford Centre shopping development in Manchester. It is hoped that this expertise can now be exploited in overseas markets like the Middle East.