Consultant White Young Green said it plans to earn a reputation for designing iconic projects following its £10.5M purchase this week of structural engineering firm Adams Kara Taylor.
'AKT is heavily involved in iconic buildings. Being at the cutting edge of engineering is somewhere we'd like to be,' said White Young Green chief executive John Purves.He said that AKT will retain its name, 'which has strong brand associations', but that over the next year the two firms would become increasingly integrated.'We are strongest in the north of England. We're pushing into international markets. And we have a strong public sector portfolio,' said Purves.'AKT is extremely strong in the South East, has an excellent international reputation, and a strong private sector client list.'We believe that the merger makes us both stronger,' Purves said. AKT is expected to make 3% pre-tax profit this year on anticipated earnings of £15.7M, said financial analyst Numis.The firm forecast White Young Green will grow at 25%-30% this year and 20% next. AKT founding director Hanif Kara said that the acquisition gave his firm access to a huge new pool of civil and structural engineers.