Nippon Koei Co., Ltd. has announced that it will acquire BDP Holdings, a British design consultancy, for about £102.2mn, Nikkei Asian Review reported on 4 March.
The move was designed to utilise BDP’s strong expertise in information modelling in the hope of winning contracts for rail construction and related development projects in India and South-East Asia.
BDP generated more than £81mn in sales in 2015, the second-largest reported sales figure for a firm in its field. Following the acquisition it will be operated as a wholly owned subsidiary.