UK construction, services and investment group Balfour Beatty said on Wednesday it has acquired Dean & Dyball, a regional civil engineering and building business, for £45 mln (EUR 57 mln). 'The acquisition of Dean & Dyball is the latest stage in our strategy of building leading positions in regional UK civil engineering and building markets following the successful acquisition and integration of Mansell, Birse and Cowlin', said Balfour Beatty Chief Executive, Ian Tyler. 'This transaction establishes a strong civil engineering base in an area where we currently have only a limited presence and adds further capability in the building sector.'
UK construction, services and investment group Balfour Beatty said on Wednesday it has acquired Dean & Dyball, a regional civil engineering and building business, for £45 mln (EUR 57 mln). 'The acquisition of Dean & Dyball is the latest stage in our strategy of building leading positions in regional UK civil engineering and building markets following the successful acquisition and integration of Mansell, Birse and Cowlin', said Balfour Beatty Chief Executive, Ian Tyler. 'This transaction establishes a strong civil engineering base in an area where we currently have only a limited presence and adds further capability in the building sector.'
Based in Ringwood, Dean & Dyball provides a strong, established presence in the southeast, south and southwest of England and in Wales. The company has regional offices in Ringwood, Exeter, Bristol, Maidstone, Coleshill (near Birmingham) and Swansea. In addition, it has a business unit that focuses on rail customers, based in Stevenage, Hertfordshire. It also has a small property development business and an equity investment in a PPP Pathfinder coastal protection project for the Environment Agency. Dean & Dyball was founded in 1969 and has approximately 700 staff and 500 directly employed operatives.
