RSK Group has announced that it has acquired geotechnical contractor Can, which is the 11 business to be bought out by the group in just over a year.
“Can’s client base of principal contractors, specifically rail sector contractors, will complement other specialisms within RSK,” said RSK CEO Alan Ryder.
“Operationally, Can has a large fleet of plant and facilities for modification and repair. These capabilities will directly benefit our ground investigation businesses for modifying, servicing and repairing rigs, and NDT Services for its pile test rig fabrication and hydraulic engineering.”
According to the 2018 Geotechnical Services File, Can had a turnover of £12.7M in the financial year to February 2017 and ranked 34th in the top 100 ground engineering companies in the UK.
RSK has said that around 70% of Can’s business is geotechnical projects for slope and retaining wall stabilisation and installing rock fall protection measures, while the remainder involve structural repairs, construction, inspection, testing and maintenance, often including bespoke access solutions.
Can operates from three offices and employs 250 staff.
The company was owned by commercial director Neil Foster and managing director Andy Wingfield and both will continue to lead the business as it joins the geosciences and engineering division of RSK.
Wingfield said: “In RSK, we believe we have found a like-minded group of people that share the values and ethos within the Can family. The acquisition by RSK is a fantastic springboard for growth that brings together RSK’s strengths in the early investigation and design stages of projects with Can’s track record in construction delivery across a wide range of sectors.”
The announcement marks the latest in a major series of acquisitions by RSK, which the business claims makes it the fifth largest environmental consultancy in the UK with 55 UK and 36 international offices and a turnover of £175M.
Since the 2017/18 financial year, RSK has brought 10 new businesses under its umbrella, including Acies, KMGP, Cole Jarman, CJ Associates, Ian Farmer Associates, Up and Under Group, RSKW, Central Alliance, Non Destructive Testing Services and Copeland Wedge Associates.