Support services business buys environmental consultant from management team

Alfred McAlpine has bought environmental consultant Enviros Group for £30m.

The contractor paid £27m in cash and the rest in shares for its new acquisition which it has bought from the current management team. Enviros chief executive, Barry Newby, and chief financial officer, Andrew Smith, will both remain with the business.

Alfred McAlpine said the new business would let it meet customers needs for environmental consultancy and solutions across their property portfolios.”