Turner & Townsend has acquired asset management consultancy AMCL and will offer an end-to-end service to clients across all stages of the asset lifecycle – from acquisition and planning through to delivery and operation. AMCL’s 45 specialist consultants will now work in tandem with Turner & Townsend’s capital programme delivery experts.
The two companies previously worked together in a joint venture to produce a strategic asset management plan for the USA’s largest public power generator, the New York Power Authority.
Founded in 1997, AMCL has worked for Network Rail for more than a decade and has delivered projects for Scottish & Southern Electric, Transport for London and Crossrail.
Vincent Clancy, chief executive of Turner & Townsend, said: “The next decade will see the largest investment in infrastructure spending ever witnessed.
“By investing in AMCL, Turner & Townsend has gained world-class skills that will allow us to offer a truly end-to-end service to our infrastructure clients.
“The need to manage assets effectively and efficiently with resources and funds under ever increasing pressure means asset management capability will become a growing priority for every infrastructure owner.
“The combining of AMCL’s skills with our own leaves us uniquely placed to deliver tangible improvements to the way our clients develop new, and operate existing, assets.”
Richard Edwards, technical director of AMCL, said: “The combination of Turner & Townsend’s programme delivery expertise with AMCL’s asset management pedigree is a potent one, and creates an offering that meets an increasing need in the industry.
“Together we are able to offer an end-to-end advisory service that will prove compelling to both the owners of – and investors in – infrastructure assets.”
