Galliford Try has acquired the Water business of nmcn including Lintott in the UK. The acquisition is worth GBP1 million (US$1.36 million).
Nmcn Water delivers water and wastewater projects for clients across the UK. As part of the deal, almost 900 employees will join Galliford Try, including the senior management team of nmcn Water. At their last audited accounts in December 2019, the nmcn Water segment generated an operating profit of GBP7.6 million (US$10.35 million) on a turnover of GBP282.6 million (US$385.04 million). The gross assets of nmcn's water segment were GBP70.0 million (US$95.37 million).
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