ATK.L Regulatory News (ATK)

Atkins to sell Polish business to Multiconsult AS

WS Atkins plc ("Atkins" or "the Group") announces it has reached agreement to sell its Polish business to Multiconsult AS, a Norwegian multidisciplinary consultancy and design business, for a cash consideration of £2.8m (3.5m Euros).

This business, which employs 77 people, reported revenue of £5.0m in the year to 31 March 2014.

Prof Dr Uwe Krueger, chief executive officer, commented: "The sale of our Polish business is a further step forward in the implementation of our strategy to optimise our portfolio of businesses, and focus our investment in markets where the Group can deliver profitable growth."

The transaction is due to complete in September 2014.

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Atkins (www.atkinsglobal.com) is one of the world's leading design, engineering and project management consultancies*, employing some 17,500 people across the UK, North America, Middle East, Asia Pacific and Europe. 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 and time critical projects.

*15th largest global design firm (Engineering News-Record 2014) and the third largest multidisciplinary consultancy in Europe (Svensk Teknik och Design 2013).