Atkins buys Confluence Project Management

Engineering group WS Atkins has bought Confluence Project Management for 8.4m pounds.Through the acquisition of the project management business, which has operations in Asia Pacific, the Middle East and India, Atkins hopes to grow its business in emerging markets.In the year to the end of June 2013, Confluence reported revenue of around £14.5m. The business's teams in Singapore, Hong Kong, Abu Dhabi and India will integrate with Atkins's existing operations in Asia Pacific and the Middle East. Atkins said that Confluence complements the group's Faithful+Gould project and cost management consultancy business and augments its presence in the commercial, retail and hospitality sectors. Prof Dr Uwe Krueger, Chief Executive Officer, said: "This acquisition is an important further step in the delivery of our strategy to increase our regional focus and grow our business in Asia Pacific and the Middle East. "This business brings highly reputed client and sector knowledge and complementary regional presence and capacity to our existing project management business, as well as the ability to service increasingly complex projects for our global clients."RD