Parsons Brinckerhoff has appointed the director of Balfour Beatty Management managing director of its UK and European operations
Nick Flew, who joined the professional services arm of Balfour Beatty from Atkins in 2004, will lead the integration of Balfour Beatty Management and the European operation of Parsons Brinckerhoff, the US engineer.
The company created by the merger of the two divisions will operate under the Parsons Brinckerhoff brand.
The news follows the completion this week of Balfour Beatty’s £380m deal to buy Parsons Brinkerhoff, which was originally announced in September. Last week Parsons Brinkerhoff staff voted through the acquisition; Balfour Beatty’s shareholders approved the deal earlier this month.
Balfour also announced that it had achieved 97% take-up for the £353m rights issue it made to raise money to fund the acquisition.
Parsons Brinckerhoff has a global revenue of $2.3bn (£1.4bn), 12,500 employees and more than 100 offices.
No comments yet