Engineer Renew has acquired Cardiff-based Lewis Civil Engineering for 拢7.9
Renew said the acquisition was funded from its cash resources and overdraft facilities.
Lewis was founded in 1984 and specialises in the construction and maintenance of infrastructure and assets within the water industry.
Its clients include Wessex Water and Dwr Cymru Welsh Water.
It provides its services through framework agreements and employs approximately 175 highly skilled personnel.
In the year ended 31 July 2012, Lewis reported an operating profit of 拢1.0m on turnover of 拢20.4m.
Roy Harrison, Renew chairman, said: 鈥淩enew鈥檚 presence in the Environmental market will be significantly strengthened by the acquisition of Lewis.
鈥淭his acquisition accords with the Group鈥檚 clear strategy of growing its Engineering Services business in sustainable markets, where it can secure strong framework positions with major clients focusing on areas of non-discretionary spend.鈥�
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