PropertyEU

Balfour Beatty snaps up Cowlin for £ 52m

By A staff reporter 2007-08-30T00:00:00

UK construction firm Balfour Beatty said it had acquired regional peer company Cowlin Group from the current management for £ 52 mln (EUR 76.7 mln) in cash. Cowlin has positive net cash balances of more than £ 20 mln, Balfour Beatty said.

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