Halcrow sale shows size matters in global consulting marketplace

James Dark
07 October 2011
 

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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