14:50 02 Sep 2005
|
Hyder Consulting is set to acquire the business and assets of Nolan-ITU Consulting, an Australian-owned environmental consultancy operating in Victoria and New South Wales, for approximately £750,000.
Nolan had a turnover for the year to 30 June 2005 of £1m, and profit before interest, tax and exceptionals of £150,000.
Established in 1995 Nolan-ITU has provided strategic advice on environmental issues and sustainable development, to both the public and private sectors.
Key areas of business focus include sustainability consulting, catchment management, waste management and technology and packaging management.
In Australia, Hyder Consulting now employs approximately 600 people across offices in Melbourne, Sydney, Brisbane and the Gold Coast.