Acquisition

RNS Number : 7402M

Balfour Beatty PLC

22 August 2011

 



BALFOUR BEATTY ACQUIRES

LEADING OFFICE FIT-OUT CONTRACTOR

Balfour Beatty, the international infrastructure group, announces today that it has acquired Office Projects Group Limited (OPL) for a consideration of £8m.

OPL manages and delivers commercial interior and exterior fit-out and refurbishment projects for a range of blue-chip UK customers.  The acquisition represents a strategic fit with Balfour Beatty's existing capabilities, further extending the company's skill base within the fit-out market.

ENDS

Media and analyst/investor enquiries:

Tony Maguire

Balfour Beatty plc

Tel [phone]

Notes to editors:

1.

Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group with capabilities in professional services, construction services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, continental Europe, the US, South-East Asia, Australia and the Middle East, who value the highest levels of quality, safety and technical expertise. Key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail). The Group delivers services essential to the development, creation and care of these infrastructure assets including project design, financing and management, engineering and construction, and facilities management services. Balfour Beatty employs 50,000 people around the world.

2.

OPL Group (www.oplgroup.com) specialises in designing, building and furnishing workplaces throughout the UK.  The company delivers inspirational working environments for customers including BAA; B&Q; Cobbetts LLP; The Department for Business, Innovation and Skills; Orange; Transport for London; University of Derby and Virgin Group.

 

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