Industry consultant Turner & Townsend (T&T) is to merge with UK-based specialist asset advisory company AMCL.

The deal will see the two companies join together to bolster their offering in advisory, programme management, project management and cost and commercial management services.

AMCL's global team of 45 specialist consultants will work with T&T's capital programme delivery experts to offer an end-to-end service for clients across all stages of asset lifecycle – from acquisition and planning through to delivery and operation.

Previously, the two companies worked together in a joint venture to produce a strategic asset management plan for the USA's largest public power generator, the New York Power Authority.


Vincent Clancy, Chairman and Chief Executive of T&T, said: "The next decade will see the largest investment in infrastructure spending ever witnessed. By investing in AMCL, Turner & Townsend has gained world-class skills that will allow us to offer a truly end-to-end service to our infrastructure clients.

"The need to manage assets effectively and efficiently with resources and funds under ever increasing pressure means asset management capability will become a growing priority for every infrastructure owner.

"The combining of AMCL's skills with our own leaves us uniquely placed to deliver tangible improvements to the way our clients develop new, and operate existing, assets."

Martin Pilling, Operations Director of AMCL, added: "Joining forces with Turner & Townsend is a huge opportunity that will see us increase the value we offer our clients through extended implementation and delivery capability.

"We're hugely looking forward to increasing our global reach, and building on our combined strengths to advise clients from planning through to delivery and operation."

(LM/CD)