White Young Green buys mineral extraction company

White Young Green (WYG), consultant to the built and natural environment, has bought IMC Consulting and IMC Europe from IMC Group Holdings for £10m.

The purchase of the subsidiary of Rio Tinto, a world leader in mineral extraction and processing, is seen as a significant step forward in the development of the White Young Green.

WYG hopes the move will allow it to achieve a step change in its size, skills base, geographical coverage, critical mass and earnings potential.

WYG chief executive John Purvis said: "This acquisition represents a significant step forward in the development of WYG.  IMC Consulting provides an international management services business stream which is profitable and growing.

"It is entirely complementary to our existing skill sets and geographic markets.  In addition, IMC Europe's engineering and environmental teams will work closely with WYG's existing operations in the UK, creating synergies and increased cross-selling opportunities."