Environmental services company acquired by AMEC
Essex environmental services company, Applied Environmental Research Centre (AERC) has been acquired by project management giant AMEC for an undisclosed sum.AERC, which has clients as far afield as the Lebanon, where it is working for a landfill operator on a hydro-geological risk assessment, generated full-year revenues of £2.3 million in 2006, with net assets of £0.6m.
AERC is one of the top waste management consultancies in the UK, employing 45 scientists and engineers at its Colchester base.
The company provides a broad range of services across the environmental sciences, engineering and planning, including environmental mon-itoring and measurement. AERC has developed HaloTech, a wetland waste-water treatment system, which is in the final stages of being trademarked.
Developed through ext-ensive trials over a four-year period the research culminated in the construction of a full scale treatment bed for a site in the south west of England during 2006.
Bob Bell, AMEC Earth & Environmental’s director responsible for the acquisition told Business Weekly: “AERC will boost our critical mass in the UK and strengthen our position in the waste industry where there is considerable demand for environmental expertise as the country’s landfill capacity declines and industry searches for new waste disposal options.”
Susan Gregson, director of AERC added: “Joining AMEC offers a tremendous opportunity for us to develop.”