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RSK Group expanding footprint in Asia

(The Philippine Star) - December 26, 2020 - 12:00am

MANILA, Philippines — The RSK Group Ltd., a  UK-headquartered international engineering and technical services company, is expanding its footprint in Asia including the Philippines.

This will be done through RSK’s acquisition of Black & Veatch’s Water Europe and Water Asia businesses.

The deal is expected to be completed in early 2021 and includes all the employees, contracts, leases and other assets of these entities. These businesses will continue to provide sustainable and resilient water, wastewater and flood resilience projects, with existing management and employees, but under a new brand as Binnies.

The addition of Binnies will expand RSK’s presence worldwide, officials said in a statement.

“It will expand the number of countries in which RSK is present from 27 to 31 and significantly add to RSK’s existing Asian footprint. Operations in Hong Kong, mainland China, Singapore, the Philippines and Vietnam will be brought into the group, in addition to the Binnies’ offices throughout the UK,” RSK said in a statement.

RSK chief executive officer and founder Alan Ryder said the acquisition positions RSK as a market leader in the water sector and provides a springboard for RSK into the East Asian markets.

“As climate change and biodiversity loss accelerate worldwide, water is becoming increasingly valuable. A key part of RSK’s climate agenda is to unleash the natural capital contained in clean water to help address and mitigate the flood risks that exist in so many parts of the world,” Ryder said.     – Iris Gonzales

He said the addition of Binnies to the group would enhance RSK’s ability to address climate change, green growth and water and sanitation services at a global level through applied engineering excellence.

“Binnies brings incredibly valuable specialist expertise in all areas of the water utility sector; flood and coastal defence planning and design; specialist environmental services; digital and data services; construction management and commissioning; and operations, thereby bringing a true end-to-end client service offering,” Ryder said.

Moving forward, RSK aims to become the largest privately owned environmental and engineering business in Europe, to employ 10,000 people and to turn over £1 billion annually.

ASIA
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