Assystem completes acquisition

International engineering firm Assystem, whose UK operation is based in Blackburn, has completed the acquisition of Corporate Risk Associates.

The move bolsters Assystem’s risk and safety management consultancy in the nuclear sector, as well as supporting its work in the defence, transport and infrastructure markets, where CRA has significant UK-based experience.

CRA, which reported annual revenues of £3.7m, will gain access to Assystem’s projects across the world such as supporting the development of nuclear power plants in the UK, Europe, the Middle East and Asia, as well as the work supporting the development of the world’s largest nuclear fusion prototype ITER. CRA will also support the development of major infrastructure projects in France and the Middle East.

Christian Jeanneau, senior vice president of Nuclear at Assystem said: “CRA's expertise and strong reputation in the delivery of safety case consultancy will significantly enhance our offer to our customers operating across the nuclear plant lifecycle and in the transport and infrastructure market.

"The integration of CRA is a key part of our growth strategy to strengthen and develop our offer supporting company owners for their licensing process, as well as providing support in setting-up a Design Authority Consultancy Organisation.”

  • For further Lancashire business news, advice and analysis subscribe to Lancashire Business View or join the LBV Hub from just £2.50 per month. Click here to subscribe now.