Following the offer by Currie & Brown, a leading physical assets management and construction consultancy, to acquire Sweett Group plc, it was today announced that Sweett has been delisted.
The combined entity will employ approximately 2,200 employees in over 60 offices in the Americas, Europe, India, the Middle East, the UK and the US. The cost of the purchase was not given.
The integration process will commence with immediate effect, and Sweett Group will continue to trade as Sweett for another two months, after which the business will trade under the Currie & Brown name.
Euan McEwan, group chief executive officer of Currie & Brown, said that the acquisition “is an important milestone in Currie & Brown’s growth strategy”.
As part of the ongoing integration, Currie & Brown has appointed Sweett’s Alan Manuel as chief operating officer for the UK, Channel Islands, Republic of Ireland and mainland Europe. Manuel joined Sweett in 1999 and was managing director for London and the southeast of England.
Sweett, set up in 1928, operates mostly in Europe and North America providing professional services for the construction and management of building and infrastructure projects in including highways and bridges.
One of Sweett Group’s more recent projects is the ongoing £455m Mersey Gateway project near Liverpool in England (see Key Project Report in this WH issue. In conjunction with RPS Group, Sweett acted as technical adviser for the project’s funders - Credit Agricole, KfW, Lloyds, SMBC and IUK.
Sweet is also providing similar services for redevelopment of London’s Blackfriars Station as part of the overall Thameslink Programme, a major rail project and includes road redesigns around the area.
Currie & Brown’s highways projects in public private partnership work include ongoing advice to Mexico’s department of transport on the country’s first PPP toll road as well as the the ring road in Madrid, Spain.
