M&R's Canadian subsidiary buys project management group
Murray & Roberts (M&R) subsidiary Cementation Canada has completed the acquisition of project and construction management services group Merit Consultants International.
Merit has worked with global clients in the mining and resource industry, successfully participating in projects in the US, Canada, Australia, China, Turkey, Philippines, Papua New Guinea, Chile, Guyana, Myanmar, Peru and Portugal.
“We recognise Merit has a great reputation and solid performance record in the industry. As project management is a core competency in our business, we look forward to further advancing this area with access to Merit’s specialised project management skills,” commented Cementation Canada president Roy Slack.
M&R said the acquisition would establish a Canadian West Coast presence for Cementation Canada to provide further access and support to the mining industry in the region.
The transaction would also provide Merit with a depth of engineering and technical support and its clients with the option of additional services.
“This arrangement will allow Merit to continue to operate as a project and construction management group based in Vancouver, Canada, and we will now have the strength of a very successful global organisation to allow us to expand our services into almost all facets of engineering, procurement and construction,” said Merit president Jay Collins.
M&R CEO Henry Laas added that the acquisition supported the strategy to grow the group’s engineering capability in the business platforms focused on the natural resources market sectors.
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