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Amec buys Unidel to up Aussie footprint
UK-BASED engineering company Amec has bought Brisbane-based consulting and engineering group Unidel for A$27m (£16.9m).
A further A$14m may be paid over three years if Unidel achieves its profit targets.
Unidel is a 260-person company with experience in gas field exploration, development, production, transmission, water pipelines and coal bed methane infrastructure services similar to those of Amec.
“The acquisition would lift the company’s Australian presence to 1500 employees, as well as boosting its capabilities,” said Amec chief operating officer Neil Bruce.