Construction News

30/10/2017

Balfour Beatty Completes Sales Of Heery International

Balfour Beatty has completed the sale of its US professional services business, Heery International.

Earlier this month, the company announced it would sell the engineering and programme management, architecture and interior design firm to CBRE Group for a total cash consideration of £42 million.

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The deal means Balfour Beatty is now free to bid for more work in the USA as a general contractor, while also enabling it to partner with Heery on a wide range of potential projects going forward.

(LM/MH)

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