Corporate deals were very much in evidence this week, as Bouygues Construction subsidiary Bouygues Bâtiment International snapped up West-Midlands based Thomas Vale and Arcadis, the new owner of EC Harris continued its spending spree to buy Davis Langdon & Seah the Asian branch of Davis Langdon. Davis Langdon & Seah was not part of the deal that saw Aecom buy Davis Langdon in 2010.
Midlands-based Thomas Vale employs more than 700 staff and expects to have generated a turnover of just over £200m for the 12 months to the end of March.
The deal is the latest stage in Bouygues’ UK expansion programme in the UK following the acquisitions of Warings, Leadbitter, Denne and ETDE. Bouygues Bâtiment International said the acquisition would be a “significant move” for its expansion programme in the UK, providing it with access to a buoyant region that complements Bouygues Construction Group’s existing subsidiaries in London, the South East, South West and Wales.
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