A surrey-based consultancy and support services provider to governments, financial organisations and blue-chip companies around the world has strengthened its defence systems operations following a multi-million pound deal.
A surrey-based consultancy and support services provider to governments, financial organisations and blue-chip companies around the world has strengthened its defence systems operations following a multi-million pound deal.
W S Atkins added defence consultancy Advantage Business Group to its portfolio after agreeing a £19.4 million deal. The consideration comprises £15.25 million in cash with the balance paid in loan notes, £1.7 million of which are redeemable after 18 months and £2.45 million after three years.
Advantage, which has 180 employees at offices in Farnham,
The acquired business will become part of Atkins’ Design & Engineering Solutions division, which now has some 700 members of staff providing independent systems engineering and project management support for government and industry defence projects.
