Engineering and project management group AMEC has acquired a Brisbane-based consulting, engineering and technical services business to expand its Environment and Infrastructure service offering in Australia.
Unidel, the 260-person company which provides environmental and infrastructure services similar to those of AMEC, was purchased for an initial cash consideration of A$27m (£16.9m). A further A$14m may be paid over three years but is subject to future profit targets.
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'We face a £6m inheritance tax bill under Reeves's changes – it's sheer terror'Thousands of families fear they’ll have no option but to look at selling their firms in a fire sale to pay inheritance tax bills, due to Rachel Reeves’s changes to business property relief
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