“When it comes to the big projects one benefit we have which doesn’t often get seen is we are part of a larger company and can draw on expertise,” said Rogers.
Royal BAM is now the eighth largest construction company in Europe with a turnover last year of £7.13bn (€8.95bn).
Nuttall turned over £594M in 2007, up on £572M the previous year, but still trails in the wake of the UK’s big five: Balfour Beatty, Laing O’Rourke, Carillion, Skanska and Galliford Try.
Nuttall said this week that it needed to get on equal terms with these companies to secure major projects, adding that it was looking to make acquisitions in addition to capitalising on the BAM brand.
“Nuttall is seen as a quaint parochial civil engineering business. People just don’t see us as part of a bigger group,” said a spokesman.Working in joint venture with other Royal BAM companies is hoped to yield results on major projects such as Crossrail where Nuttall is set to join forces with German tunnelling expert and BAM Group member Wayss & Freytag.
Similar joint ventures are already at work in the marine and power sectors, such as the £50M construction of a new port in Great Yarmouth, a joint venture between Nuttall and Van Oord. The renaming is expected to take place in September.