Cyril Sweett chief executive Mike Gibbons said the acquisition would take the firm into the shop fit-out and trade park markets and expand its regional presence. CE Ball has offices in Norwich and Harrogate, as well as in London.
Work carried out at the London office of CE Ball has been transferred to Cyril Sweett’s headquarters, but no job losses are expected.
Gibbons said Cyril Sweett’s next acquisitions would be in the South-west, probably Bristol, and in Ireland. “If we are on the ground there, we will have a total British Isles capability,” he said.
Gibbons said consultancy work such as risk management, legal advice and life-cycle costing would be the main growth areas.
He said: “We currently derive about 15% of our work from consultancy, with a third from project management and the rest from quantity surveying. In two years, I would hope to see the three parts of the business roughly split into thirds in terms of workload.”
