Engineering services firms merge

Engineering services firms Cansult and Maunsell have merged to create one of the largest consulting firms in the Middle East.

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By  Alison Luke Published  October 28, 2006

Engineering services firms Cansult and Maunsell have merged to create one of the largest consulting firms in the Middle East. The creation of the new firm Cansult Maunsell will form the first Middle East based operating company of global firm AECOM. The new operating company is expected to generate revenues in excess of US $100 million (AED367 million) and have over 1,500 employees. AECOM has 17 operating companies worldwide, around 28,000 employees and an annual revenue of $3.4 billion. Group chief executive, Nigel Robinson commented: “The formation of AECOM’s first Middle East-based operating company reflects the importance that we place on the Gulf States and our readiness to invest in their fast growing 21st Century cities. Existing Cansult president and chief executive officer Jim Metcalfe will head Cansult Maunsell; Maunsell’s regional chief executive, Walid Mahmoud has been appointed senior vice president of the firm. Cansult senior vice presidents, Lorne Proudlock and David Stephen will retain these positions within the new firm. “Aligning Cansult’s strong presence in the Arabian Gulf with Maunsell and AECOM, and leveraging AECOM’s global resources, broad professional services and program management expertise brings significant benefits to our clients,” commented Metcalfe on the signing of the merger. “The new operating company will draw on the strengths of both established companies to better service clients and capitalise on the exceptional growth and work opportunities in the region,” he added.

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