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Scott Wilson goes on £40M shopping spree

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SCOTT WILSON became the second consultant in two months to notch up a £40M-plus spending bill with the purchase this week of Cameron Taylor and DGP International.

The firm paid £30.2M for the two consultancies following its purchase of Northern Ireland consultancy Ferguson McIlveen for £10.1M (NCE 19 October).

Its rival Mouchel Parkman announced it had bought three businesses for a total of £48.7M last month (NCE 23 November).

Scott Wilson paid £15.55M for Cameron Taylor and £14.6M for DGP.

Cameron Taylor beefs up Scott Wilson's property division and brings with it a strong list of private sector clients as well as 330 staff, £20.5M turnover and £900,000 profit. Flagship projects include the Great Western Quarter in west London and the new Planetarium at the Royal Greenwich Observatory.

Cameron Taylor's chief executive John Horgan will head up Scott Wilson's property sector board.

'Cameron Taylor approached us looking to sell, ' said Scott Wilson chairman Geoff French.

'They could see they would be an important player in our business and lead our property sector. They are what we need if we are to punch our weight in property.' Scott Wilson fought off a rival US bidder to acquire DGP, which brings new skills in the nuclear, petrochemical and pharmaceutical sectors. DGP employs 180 people and had a turnover of £14M and pretax prot of £0.8M in 2005. Scott Wilson shares rose 29p to 271p on news of the acquisitions.

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