Capita Symonds buys construction consultant out of administration
Capita Symonds has bought construction consultant Northcroft.
ºÚ¶´ÉçÇø understands the two firms are set to announce the acquisition this week, after Northcroft went into administration on Friday. Capita Symonds then bought the firm out of administration, for a fee which is not known.
Northcroft, which was established in 1840, employs over 150 staff in 10 UK offices providing cost and project management services across a wide range of sectors.It is not yet clear if the acqusition will lead to redundancies at Northcroft.
ºÚ¶´ÉçÇø understands the company will join Capita Symonds’ management division, which is one of the UK’s largest project delivery consultancies.
Northcroft is working on a range of projects across the UK and internationally, including the roll-out of a number of high street retail brands such as Strada. Other projects include Ulster Hospital redevelopment and a range of education schemes such as the University of Surrey Sports Park.
Capita Symonds’ management division is currently project managing the new Library of Birmingham and the international roll-out of new stores for Mulberry. It has also played a key role in delivering major schemes such as MediaCity UK and Riverside Museum, Glasgow.
The purchase of Capita Symonds follows , adding 60 staff to its existing architecture business. ESA – which had offices in London, Hull and Katowice, Poland – was bought for an undisclosed sum.
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