Ricardo PLC Completion of acquisition of Inside Infrastructure (2706F)
21 Mars 2022 - 8:00AM
UK Regulatory
TIDMRCDO
RNS Number : 2706F
Ricardo PLC
21 March 2022
21 March 2022
Ricardo plc completes acquisition of Inside Infrastructure
Ricardo plc, a world-class environmental, engineering, and
strategic consulting company, today confirms that, following the
announcement dated 7 March 2022, it has completed the acquisition
of Inside Infrastructure, a privately held consultancy business
based in Adelaide, Australia.
The acquisition enables Ricardo to strengthen its environmental
capabilities and extend its implementation capability in
Australia.
"We are pleased to be able to complete this acquisition, which
we view as a good strategic fit to enhance our environmental
capabilities and strengthen our overall position within Australia,"
said Graham Ritchie, Ricardo CEO.
Chris Hewitson and Craig Headon of Inside Infrastructure added:
"We are very excited to be joining an environment consultancy of
Ricardo's pedigree and to see the business we've built for over 10
years embark on its next stage of growth. By leveraging Ricardo's
scale and resources, we will be able to expand across Australia and
broaden our service portfolio."
ENDS
About Ricardo
Ricardo plc is a world-class environmental, engineering, and
strategic consulting company listed on the London Stock Exchange.
With over 100 years of engineering excellence, we provide
exceptional levels of expertise in delivering leading-edge and
innovative cross-sector sustainable products and solutions, helping
our global customers increase efficiencies, achieve growth and
create a clear and safer future. Our mission is clear -- to create
a world fit for the future. For more information, visit
www.ricardo.com .
About Inside Infrastructure
Inside Infrastructure is an independent Australian consulting
company providing advisory services. Founded in 2010, the firm
provides advisory services to the government, utility (water) and
mining sectors. Key skills are in strategy, regulation and policy,
planning, technical assessment, investment appraisal and asset
management. www.insideinfrastructure.com.au
Further enquiries:
Ricardo plc Tel: 01273 455611
Natasha Perfect, Group Marketing Website: www.ricardo.com
and Communications
SEC Newgate Tel: 020 7680 6882
Elisabeth Cowell / Ian Silvera E-mail: ricardo@secnewgate.co.uk
/ Isabelle Smurfit
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END
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