Balfour Beatty snaps up firm of office fitters in deal worth £8m

INFRASTRUCTURE giant Balfour Beatty has snapped up a firm of office fitters for £8m, it said yesterday.

Office Projects Group, which has worked on Balfour projects in the past, spe­­cialises in fitting out British offices. It recently completed a £4.3m fit-out at the offices of Ignis Asset Management at 150 Cheapside.

Other blue-chip clients include airport operator BAA, B&Q owner Kingfisher and Virgin Group.

The firm, which has annual sales in excess of £40m, was founded by Neil Laughton, a former SAS soldier, and his business partner Andrew Russell in the mid-1990s.

Balfour said: “The acquisition represents a strategic fit with Balfour Beatty’s existing capabilities, further extending the company’s skill base within the [office] fit-out market.”