Turner & Townsend merging with AMCL asset management

Turner & Townsend has announced it will merge with the asset management advisory specialist AMCL to offer 'end to end' services in infrastructure asset lifecycles. The merger follows a successful joint venture between the two firms producing a strategic asset management plan for the New York Power Authority.

AMCL is headquartered in the UK but works across four continents advising asset-dependent businesses on how to maximise returns by developing world-class asset management. The firm has worked for Network Rail for more than a decade and successfully delivered projects for UK brands including Scottish & Southern Electric, Transport for London and Crossrail.

According to Turner & Townsend, AMCL’s global team of 45 specialist consultants will now bolster the combined company’s offering in programme and project management and cost management services, across all stages of the asset lifecycle – from acquisition and planning through to delivery and operation.

Turner & Townsend chairman and chief executive, Vincent Clancy, 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.

AMCL operations director, Martin Pilling, added: “Joining forces with Turner & Townsend is a huge opportunity that will see us increase the value we offer our clients through extended implementation and delivery capability.

“We’re hugely looking forward to increasing our global reach, and building on our combined strengths to advise clients from planning through to delivery and operation.”