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Acquisition

19 Nov 2013 07:00

RNS Number : 3298T
Atkins (WS) PLC
19 November 2013
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Atkins to acquire US based nuclear business

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WS Atkins plc ('Atkins' or 'the Group') is pleased to announce it has entered into an agreement to purchase Nuclear Safety Associates, Inc. (NSA), a 130 people engineering and technical services firm, with a focus on nuclear safety, design engineering, and professional security services.

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The transaction remains subject to various conditions, including US Government approvals, and we will make a further announcement when this process completes.

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This acquisition is in line with our strategy to be one of the world's leading energy consultancies, with the significant US nuclear market an area of focus for us. Nuclear Safety Associates will both enhance the capability of the Group's energy business and provide NSA the opportunity to expand its well established project and client base in the US nuclear market.

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Ends

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Enquiries

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Heath Drewett

Group finance director

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+44 (0) 20 7121 2000

Kate Moy

Investor relations director

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+44 (0) 20 7121 2000

Sara Lipscombe

Group communications director

+44 (0) 20 7121 2000

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Notes to editors:

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Atkins (www.atkinsglobal.com) is one of the world's leading design, engineering and project management consultancies*, employing some 17,400 people across the UK, North America, Middle East, Asia Pacific and Europe. Over 75 years, from post-war regeneration and the advent of nuclear engineering to high speed rail and the integrated sustainable cities of the future, our people's breadth and depth of expertise and drive to ask why has allowed us to plan, design and enable some of the world's most complex projects.

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*14th largest global design firm (Engineering News-Record 2013) and the third largest multidisciplinary consultancy in Europe (Svensk Teknik och Design 2012).

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This information is provided by RNS
The company news service from the London Stock Exchange
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