Engineering consultancy that worked on the Athletes Village has become independent after management buyout

Hilson Moran, a multi-disciplinary engineering and environmental consultancy, has become independent after the management of the company agreed a deal with Altran UK to return ownership of the company to the directors of the business.

Hilson Moran was acquired by Altran UK, a subsidiary of the Paris-based Altran Technologies S.A, in 2002.

The deal has been funded with the assistance of Albion Ventures, a major private equity business.

The firm, ranked 18th in Building magazine’s Top 100 Engineers survey and named the 15th fastest growing construction company in the UK, achieved a growth in turnover of more than 20% last year and employs more than 200 staff.

Hilson Moran worked on the ‘Gherkin’, at 30 St Mary’s Axe in London, and is currently working on other high profile projects in the city, including the ‘Walkie Talkie’ on 20 Fenchurch Street, Hammerson’s Principal Place and The Pinnacle, as well as the Athletes Village for the London 2012 Olympics.

Chris Plummer, Hilson Moran managing director, said renewed independence would give the firm “the agility and autonomy to respond quickly to a changing market and clients’ evolving needs”.

He said: “We are focused on continuing to provide long-term support to clients in the UK and internationally.

“Supported by a dedicated and highly experienced management team, we are in a strong position despite the difficult market conditions.”