Consultant Sweco continues UK expansion with MLM Group deal

Grant Prior 6 years ago
Share

European consulting giant Sweco has continued its expansion in the UK with the acquisition of MLM Group.

Max Joy, president of Sweco UK, said: “This acquisition marks the start of an exciting new chapter in our UK growth story."
Max Joy, president of Sweco UK, said: “This acquisition marks the start of an exciting new chapter in our UK growth story."

The deal creates a combined domestic business with an annual turnover of £108m and 1,340 employees across a network of 26 offices in the UK and Ireland.

Sweco UK’s skills in transportation, environment, energy and building design will be joined by MLM Group’s expertise in structural engineering and compliance.

MLM Group is one of the largest, privately-owned engineering, environmental and building control consultancies in the UK.

Its 13 offices are predominantly located in London, Southern England and Ireland.

The move follows a successful four years for Sweco since it entered the UK market with the acquisition of Grontmij in 2015.

Since then it has achieved year-on-year growth and consulted on a wide range of landmark projects.

These include Scotland’s Queensferry Crossing, the new Bloomberg European Headquarters in London and the modernisation of research sites for the British Antarctic Survey.

MLM Group employs 460 people and has an annual revenue of approximately £40m generating EBITDA of approximately £4 million.

Max Joy, president of Sweco UK, said: “This acquisition marks the start of an exciting new chapter in our UK growth story.

“The combination of Sweco and MLM Group’s expertise in transport, buildings and environmental engineering will enhance our value proposition to customers while opening up new opportunities in key markets.

“We believe the combination of Sweco’s established expertise in building design, with MLM’s specialist structural engineering capabilities and world-class compliance offer is a compelling proposition for new and existing customers.

“MLM’s presence in the South East of England and Dublin, is an excellent fit with our existing office network, providing an enlarged geographic footprint which brings us closer to our clients.

“Our businesses have a strong cultural fit, and we remain focused on being the most approachable and committed partner to our clients, while driving sustainability across the built environment.”

Steve Oliver, chairman at MLM Group, said: “We’re proud of the achievements our business has made in its long history and this deal accelerates our long-term growth ambitions by becoming part of a leading, global consultancy whose values mirror our own.

“We will leverage the significant expertise we have across the business to continue to drive sustainable growth for Sweco in the UK, while creating new opportunities for the development of our committed workforce.”

Sweco employs 15,500 people across Europe and delivers projects in 70 countries annually across the world.

Latest news

Comment: Gateway is acting like a barricade

Contractors left banging their heads on an (unbuilt) brick wall
2 days ago

Final phase of £1.5bn Elephant and Castle revamp hits planning

Get Living submits revised plan for 500 homes and 450-bed student block
3 days ago

Ealing backs final phase of £1.3bn estate rebuild

Friary Park estate rebuild in Acton reaches end stage
2 days ago

Green light for scaled-down Nottingham student tower

Glasshouse Street scheme will deliver 247 student rooms
2 days ago

Aston Villa to revamp North Stand

Club to reuse existing structure rather than complete rebuild
3 days ago

Mace signs ex-ISG director to lead Euro health and tech push

Gary Sweeney to head up healthcare and life sciences consultancy arm
2 days ago

Sir Robert McAlpine claws way back into profit

Firm says return to profit and strong cash balance validates new strategy
3 days ago

Severfield to cut staff by 6% amid pricing pressure

Steelwork contractor warns of extended tighter pricing due to project delays
3 days ago

JRL completes sale of 50% stake to Malaysian giant IJM

Deal boosts balance sheet and kicks starts growth plan
3 days ago

Green light for £100m Liverpool Baltic station build

Enabling highway works to start in the autumn
4 days ago

First live tests for flying construction robots

Drones can lay construction materials at height on site
3 days ago

Three firms land £170m Gentoo Sunderland housing deal

PHS Solutions, Esh and RE:GEN to deliver 10-year home upgrade plan
4 days ago

Gateway gridlock hits build-to-rent delivery as starts nosedive

Build to rent starts plunge 18% in the capital
4 days ago

Call to shift Gateway 2 checks to end building bottleneck

"The current system isn't working but we all want to see safe buildings"
4 days ago

GBN launches £600m bid race for SMR engineer roles

Owner engineers to provide technical and assurance services
4 days ago

Wates hires ex-Homes England chief to head public sector push

Robert Stone to spearhead its public sector and national frameworks strategy
4 days ago

Acheson Construction collapse costs suppliers £8.5m

One frustrated creditor seized a telehandler after contractor went into administration
5 days ago

Dominus wins go-ahead for 173-bed Glasgow scheme

Old Wynd Street job expected to cost around £25m to build
5 days ago

Safety Regulator misses deadline to clear Gateway 2 backlog

Investors pulling out of funding high rise buildings
5 days ago

CITB still sitting on £95m cash pile

Staff numbers jump from 666 to 763 as training body wage bill soars
5 days ago

£500m road surfacing framework market call

NEPO goes out to consultation on north east regional highways deal
5 days ago

Two share £220m Scottish rail repairs and minor works deal

AmcoGiffen and CPMS win civils and building repair deals
5 days ago

Builder wanted for £60m London leisure and flats job

Tower Hamlets aims to replace St George’s Leisure Centre in Shadwell
5 days ago

Contractor confirmed for business park expansion

Roe Developments to start on next phase of Castle Donington scheme
5 days ago

Driver escapes injury as scaffold collapses onto van

Major three-lift scaffold fall blocks north London high street
1 week ago

Gilbert Ash to be sold to staff

£267m turnover contractor to transition to an Employee Ownership Trust
2 weeks ago

M Group seals biggest-ever deal with Telent takeover

Digital infrastructure specialist deal lifts turnover to £3bn
1 week ago

Aggregates firm Ashville went down owing more than £3m

Debts revealed in Companies House update
1 week ago

Cardo saves 100 jobs at Breyer roofing arm

Private equity-backed Welsh maintenance group continues to expand
2 weeks ago

Excavator knocked off lorry going under bridge

Traffic Commissioner inquiry after accident in south London
1 week ago

Contractor services