Acquisition will give WYG project management expertise in corporate fit out and urban regeneration markets

Consultant White Young Green has snapped up Trench Farrow, a London-based consultancy, for 拢4.5m.

Trench Farrow, which also has an office in Swindon, focuses on the corporate fit out and urban regeneration market.

White Young Green has paid 拢4.5m for the business, 拢2.25m in cash and the remainder in shares. It may pay a further 拢1.4m depending on Trench Farrow鈥檚 financial performance in the first year.

For the year ended 30 June 2006, the profit before taxation of Trench Farrow was 拢916,654 on a turnover of 拢3.4m. White Young Green generated a pre-tax profit of 拢11.1m on a revenue of 拢167.5m for the same year end.

White Young Green chief executive John Purvis said: 鈥淭he acquisition of Trench Farrow is another important step in the development of a comprehensive range of management services within WYG comprising project management, property management, cost management and health and safety management."

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