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03/04/2008

Amec Acquires RHI For £25m

Amec plc, the international engineering and project management company, has announced the acquisition of the leading project services company Rider Hunt International Limited (RHI) from its owner managers for £25m.

Based in Godalming, UK, RHI is an international provider of project services to the oil, gas, chemical, energy and process industries. The company works in 15 countries and has locations both in mature markets and frontier regions, including Azerbaijan and Kazakhstan.

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"Acquiring RHI is an important step in our strategy of providing best in class consultancy services in programme and project management in the energy industries," said Neil Bruce, Chief Operating Officer of AMEC's Natural Resources division.

He continued: "RHI has some of the very best people and proprietary systems in the business and provides an excellent geographic fit with AMEC's footprint in mature and frontier regions."

(CD/JM)

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