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DIALES PLC M&A Activity 2013

Sep 25, 2013

7597_rns_2013-09-25_f2cc2e43-e79b-4299-a7fa-e5724936d817.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 8099O

Driver Group plc

25 September 2013

25 September 2013

Driver Group plc

("Driver Group" or the "Company")

Hong Kong Acquisition

Driver Group, the global construction consultancy to the construction and engineering industries, is pleased to announce further progress in its growth strategy for the Asia Pacific Region. The Company has acquired certain contracts and goodwill of PJ Consulting Limited and its proprietor Peter Ho, a Hong Kong based arbitrator, mediator and quantum expert. Peter Ho, an experienced, very well respected and long standing consultant in Hong Kong and the wider Asia Pacific market, will be joining the Company and will head up our Hong Kong office that will open on 1 October 2013.

Dave Webster, Chief Executive Officer of Driver Group, said "I am delighted with this transaction and look forward to working with Peter as we continue to serve his clients and ours in Hong Kong and beyond. This is another significant step in delivering our strategy of expanding our platform in Asia Pacific and providing support to clients in this region operating globally".

Enquiries:

Driver Group plc
David Webster, Chief Executive Tel: +44 (0)1706 223999
Damien McDonald, Group Finance Director
Alan McClue, Non-executive Chairman Tel: +44 (0)7791 546798
Charles Stanley Securities

Nominated Adviser & Broker
Marc Milmo / Carl Holmes Tel: +44 (0)20 7149 6000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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