Another of British consulting’s most famous names is to fall into foreign hands following Halcrow’s agreement to sell up to US engineering design firm CH2M Hill. The £230m deal follows the acquisition of Colin Buchanan by SKM, Gifford by Ramboll and, in 2010, Scott Wilson by URS.
The heightened pace of consolidation is not just a sign of economic conditions in the UK. Halcrow was clearly facing difficulties with staff numbers falling from 7,000 in 2009 to 6,000 in 2010, and...
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