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| SMC Acquires Charter Consultant Architects SMC Group Plc, the leading group of architects and designers, announces the acquisition of The Charter Partnership Limited, trading as Charter Consultant Architects, an architecture and design company with offices in London, Bedford, Bournemouth and Ipswich. The business and assets of Charter will be fully integrated into the exisiting SMC Group and will operate as 'SMC Charter Architects'. The total consideration is based on an initial payment of £3.56 million, with 2 further payments contingent on Charter's financial performance between now and 31 December 2008. The acquisition of Charter is the ninth transaction completed by SMC and the seventh since its admission to AIM in June 2005. The SMC Group seeks to achieve geographical coverage throughout the UK. write your comments about the article :: © 2006 Construction News :: home page |